CenCor Announces Partial Liquidating Distribution.MISSION, Kan Kan, river, China: see Gan. .--(BUSINESS WIRE)--May 19, 1999-- CenCor CENCOR (Calibrate, Explore, Create, Organize and Realize) is an acronym used within companies like General Electric or Procter & Gamble to express design strategy for consumer-centric innovation.[1] Notes and references 1. , Inc. (the "Company") 1999. The Company is a dissolved dis·solve v. dis·solved, dis·solv·ing, dis·solves v.tr. 1. To cause to pass into solution: dissolve salt in water. 2. Delawar a further distribution on or about October October: see month. 1, Company. The Company was required to respond tssary to establish a reserve for potential claimants who were exempt from the necessity to file a claim underial claims are ultimately settled for less thanbe required to pay or provide for all timely as,000 at December 31, 1998 to $10,193,000 at Marc government-agency investments and a $35,000 inrofessional fees, and other liquidating costs. ---------------------- Total assets 10,697,000 10,693,000 Accounts payab 52,000 57,000 March 31, 1999 March 31, 1998 -------------------------------------- Income from liquidating activities: Investment income $115,000 $202,000 Other Income 35,000 -- -------------------------------------- 151,000 202,000 Expenses from liquidating activities: Salaries and related benefits 51,000 51,000 Professional fees 37,000 30,000 Other expenses 61,000 48,000 -------------------------------------- 149,000 129,000 -------------------------------------- -------------------------------------- Increase in net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. in liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy $2,000 $73,000 -------------------------------------- -------------------------------------- |
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