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Saturday, September 13, 2014 4:20:35 PM
Being "insolvent" says they can't pay their bills. If that was even close to being a fact, they would be out on the street and not in a nice office ordering more bottles to fill with more Marani vodka from Armenia.
If "insolvent" is meant to simply convey that their liabilities exceed their assets, well that would be the case in 80%-90% of all penny stocks and many blue chips as all experienced penny stock traders know.
My posted comments are only my considered opinion based on the reality as I see it. Your reality may be different.
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