LIQUIDITY ALERT: FairPoint Comms Reports $17.1M Current Deficit

FairPoint Communications Inc. reported a working capital deficit of US$17.10 million at Dec. 31, 2008, compared to a positive working capital of US$25.89 million at Dec. 31, 2007.

The Company had…

LIQUIDITY ALERT: Virginia Electric’s Current Deficit Up by 42%

Virginia Electric & Power Co.’s working capital deficit rose by 42%, or US$35 million, from US$83 million at Dec. 31, 2007 to US$118 million at Dec. 31, 2008.

The Company had…

LIQUIDITY ALERT: Fountain Powerboat’s Current Deficit Up by $16M

Fountain Powerboat Industries, Inc. reported a US$16.19 million increase in its working capital deficit, from US$2.50 million at June 30, 2008 to US$18.69 million at December 31, 2008.

At December 31,…