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Solar Thin Films Inc Announces Sale Of Hungarian Subsidiary


Wednesday, 2 Oct 2013 06:30am EDT 

Solar Thin Films Inc announced the sale of all of its ownership stake of Hungarian subsidiary, Kraft, R.t. (Kraft), to GJR Collectibles LLC (GJR), which represents at least 95.5% of the capital stock of Kraft. As a result of the sale, approximately $4 million of previously-consolidated liabilities of Kraft was removed from the Company`s balance sheet. 

Company Quote

0.1102
-0.0098 -8.17%
21 Jul 2014