It`s been a long road , until it seems Mr Gardin & our fresh faced new board .At last seems to have us on the road to recouping some value for these expensive assets .
Sold Anitak E 900,00
Ascend Capital E 60,000
Up for sale
Mediapolis E 18,000,000
Sipiem E 6,000,000
Geosim E 200,000
ORH Spa E 6,000,000
So Sushi /You Can E 4,000,000
Bibop E 2,000,000
Current valuation Estimate E 36,200,000 or £ 31,347,000.
OR 1100% Upside
Less debt of approximately £16.35 millon in Bonds
Company actual valuation of £15 million .
OR 550% Upside Net ............
Of course, some of these assets are court cases and the valuations are ascribed to what one would expect from a court case reasonable best case outcome .
From sweating on loan note holders to having the Banks invest is quite a step forward .
Well done thus far Mr Gardin & Co .