BioCorRx Inc. (BICX): Only insolvent if everything became due...

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BioCorRx Inc. (BICX)

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Re: livingston78 post# 6601

Monday, 02/09/2015 11:30:32 AM

Monday, February 09, 2015 11:30:32 AM

Only insolvent if everything became due and I do think they are toying with expenses, but in the other way. They were close to a profit in summer of last year (-$56k). Since then they have more than doubled revenue, but somehow their further from a net profit. I believe they are using expenses to suppress the stock price, buy back shares at a low price like they did a while back (I think they bought 800k shares back)?

They have enough cash coming in to handle short term expenses, thus I don't consider them insolvent.

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