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Alias Born | 10/31/2008 |
Friday, November 10, 2017 3:59:19 PM
"The company has sufficient liquidity and working capital to continue operations as a going concern.
Resources Assets and Liabilities
As of September 30, 2017 the company had consolidated assets of consisting of $34,483.83 wheel chair receivables, $240,000 insurance claims receivables, $115,638 fixed assets, $36,480 Cash in bank, and $1,200,000 in Goodwill.
The company owns 4- ambulances and 7-wheel chair lift vans. Management values the company’s goodwill at $1.2 Million based upon 1times revenue including intangibles such as long term contracts and receivables."
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