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Re: OBrien post# 3438

Wednesday, 11/30/2016 8:08:04 PM

Wednesday, November 30, 2016 8:08:04 PM

Post# of 24577
Obrien, I'm not finding this:

<<Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less or may be redeemable within this period with insignificant penalties. The Company had cash of $156,757 held in a bank and cash equivalents of $244,367 as of August 31, 2016
and $109,464 of cash held in a bank and cash equivalents of $27,878 as of August 31,2015.>>

I don't doubt you but I'm not seeing it in either report.

I think the real cash equivs may be the 44,367 because they are reporting 201,124 in note 6.

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