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In the first nine months of 2008, the company had a net loss of $32 million, after losing $50 million in 2006 and $30 million in 2007; its accumulated deficit now stands at $131 million. Right now its total liabilities of $691 million significantly exceed its assets of $647 million, which means that shareholders' equity is negative.
hxxp://seekingalpha.com/article/113696-taking-a-bankrupt-company-public
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