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[quote=Anonymous][quote=Anonymous]Maybe they don’t have any construction assets because they did not purchase the materials, even after they received money from their client. Heck I paid for a flooring/carpet overage and they never ordered it. [/quote]

We all have strong suspicions on where the money has gone and the State of Maryland appears to have a strong opinion on that too.  However, I was hoping someone might give us a feel what "normal" might be?  If a company had 37 projects, has brought in $4.1M from customers over the last two years -- how much would you expect to see in construction assets to support these projects?  We know in this case there a bunch or vendors and subs that were not paid.  I did not add it all up but it was over $100K and could have been $200K owed to subs.  We know cabinets, appliances, HVAC and all the normal construction materials don't just show up the day you need them.  What would be typical for a contractor to have in hand and ready for a project or paid for and waiting for delivery?  [/quote]

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