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Old 03-31-2010 | 06:08 PM
  #592  
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winglet
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Update:

MAG released a required periodic report for Mo-Go, Nilchi, and Patar.

Mo-Go (go! Mokulele) of which MAG holds 75% controlling interest:

Total Assets: $12,435,000
Total Liabilities: $12,435,000
Total Revenue: $13,464,000
Total Operating Expenses: $15,451,000
Net Income (Loss): ($1,353,000)
Cash and Cash Equivalents: $1,562,000


Nilchi:

"holds an 88% interest in non-debtor Indigo Miramar, LLC for the purpose of investing in an airline related business" and " has not received the necessary information to prepare this Periodic Report."


Patar:

"holds a 43% interest in non-debtor Finao Telserra Fund"..."for the purpose of Patar's investment in an electronic transaction processing company" and "no longer maintains any financial information..."

Gee...I wonder what is the purpose of these entities?

winglet

Last edited by winglet; 03-31-2010 at 06:20 PM.
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