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Re: mogm777 post# 2122

Friday, 10/17/2014 2:01:12 PM

Friday, October 17, 2014 2:01:12 PM

Post# of 18994
Well lets see why.

#1 While generating revenue, they are not generating an positive cash flow. Losing $115K this quarter, with increased losses last few quarters.

#2 $1.56mil in debt

#3 their debt ratio is 31% to all their assets (non-discounted)

#4 their entire market cap is less then their debt.

There are the reasons. Its all in the numbers.