I screwed up by $800K Payroll nosedives in January! | SCOXQ Message Board Posts


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Msg  45581 of 169418  at  10/2/2007 12:29:03 AM  by

heimdal31


 In response to msg 45577 by  
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I screwed up by $800K Re: Payroll nosedives in January!

<<Yeah, I noticed that too, and the only explanation that I could come up with is that the big numbers almost fall on quarter boundaries so maybe they represent quarterly bonuses, though why anybody at a company in BK should be getting huge performance bonuses is sort of a mystery. >>

Yeah, the quarterly bonus makes sense for March 2008 and June 2008.  If you also assume that they were paying out hush money^h^h^h^h^h^h^h bonuses in October and November of this year, then that you could assume a base rate of $350K/month.

I did fsck up the June 2008 number.  It's not 20K but 820K.  I can only assume that in trying to put $'s in front of all of my transcribed numbers, I misread the 8 as a $.  I wish I could say it's because I'm drunk from still celebrating the BK, but the more likely explanation is that my eyes are likely as bad as many of these other old folks putting Pink Floyd albums on best of lists.  (I prefer Animals to Dark Side as an album, though Dark Side has better individual songs.)


<<I also note that they project having cash up to teh end of the projections in Aug, 2008, so again one wonders why they chose to declare chap 11 now rather than say, 1 week later after Kimball had ruled.>>

SYNTAX ERROR:  MISSING SARCASM TAGS?


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