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hometownJOE

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hometownJOE

Re: ELAL7474 post# 921

Friday, 10/10/2014 2:20:04 PM

Friday, October 10, 2014 2:20:04 PM

Post# of 3685
In a high tech world, you never want to sit on huge inventory. Their inventory jumped from $190,281 to $474,034 for an increase of $283,753.

This company needs cash badly. Only about 20K in bank with accounts payable through the roof. I would be scared.

Oh well, standard practice for most pennies with big dreams. Hard work with good products may bail them out over time. For now, let's hope the bill collectors will give them some breathing room.
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