SOMETHING MORE ABOUT THE SALE OF WILTON
In hoped that Mr. Morlanes, President of La Seda, has time to call us to give details on the sale of the plant in Wilton, we can make the following comments:
Mr. Carlos Gila, vice president of The Silk us commented that he could neither confirm nor deny the news.
According to Mr. Gila, La Seda has nothing to do with Wilton and , because from the month of July is in bankruptcy and La Seda came to a total disengagement agreement.
is therefore Wilton administrator who has authority to make the decision to sell the plant without having to anything with the Silk Road.
What seems to mean that The Seda will have no profit from the sale of Wilton.
If confirmed what was said by Mr. Gila, we can say that again we have a operation of existing SUCCESSFUL MANAGERS silk.
hope the explanations of Mr. President and this time we will see who is responsible for successful operation .
remember that investment by Wilton La Seda has registered the 210 million, of which deteriorated 124 million in the accounts of 12/31/1908 and 86 million remaining in the accounts of 30/09/2009. We
also the subject of the 45 million euros in favor of La Seda de Barcelona on impaired loans that we think should be RECOVERED if Koreans have bought Wilton. Those 45 million would mean that the action would have to value it at 0.07 euros more than the assessment performed to 30/09/1909.
seems that the KP CHEMICAL price paid for this operation is 60 million euros, remember that 60 million would increase the valuation of the share at 0.10 euros.
As we can see many details that Mr. Morlanes, President of The Silk Road, has an obligation to explain. These WIZARDS OF MANAGEMENT have achieved a higher loss to 250 million euros this brilliant operation. UNITED WE
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