mPhase Technologies Inc (XDSL)

[livingston78]

mPhase Technologies, Inc. has a low revenue, $23k in cash, $663k in current assets and $3,824m in current liabilities, $4,272m in total liabilities for a current ratio of 0,17 that makes it insolvent. Inventory is considerably increasing so that could demonstrate that the company is over invested in inventory, or that it is holding obsolete or slow-moving stock and that is a sign of bad management. Beware of the extremely low trading volume, it would be impossible to sell your shares.