Looking forward to the filings!
Heddle leases the boatyard, and I can't quite figure if he owns anything outright related to PTO. I do know that he has it wrapped in multiple layers of ST & LT debt to the tune of $14,000,000.
Looks like approx. $400,000 last quarter was for interest payments and the rest for salaries. It almost seems like 100% went to Heddle! It's certainly more efficient, as he stopped paying mortgages and leases since they have been out of business for 3 1/2 years now.
anyway.... happy St. Patty's Day!
Heddle leases the boatyard, and I can't quite figure if he owns anything outright related to PTO. I do know that he has it wrapped in multiple layers of ST & LT debt to the tune of $14,000,000.
Looks like approx. $400,000 last quarter was for interest payments and the rest for salaries. It almost seems like 100% went to Heddle! It's certainly more efficient, as he stopped paying mortgages and leases since they have been out of business for 3 1/2 years now.
anyway.... happy St. Patty's Day!