InvestorsHub Logo
Followers 83
Posts 17956
Boards Moderated 2
Alias Born 01/08/2008

Re: eleniak post# 50481

Monday, 04/21/2014 9:27:50 AM

Monday, April 21, 2014 9:27:50 AM

Post# of 64649
He sure does, with a debt ratio of 342%, he needs $3 dollars to make $1 worth anything, heck of a way to use shareholders money!

"We need to buy widget XYZ Marty, it costs $20,000 dollars"

"Ok guys, I need to sell $70,000 worth of stock to buy it then"

Huh??? DEBT RATIO is the signal for death spiral here, should be BK and out of business by the end of the year, losses are $7 million compared to revenue of only $840k...piteeeeeful!

Dr H

The average penny stock investor...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.