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livingston78

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livingston78

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Monday, 02/09/2015 6:50:37 AM

Monday, February 09, 2015 6:50:37 AM

Post# of 30168
Neah Power Systems, Inc. has no revenue, $485k in cash and cash equivalents, $680k in current assets and $763k in total assets with $1,812m in current liabilities for a current ratio of 0,36 that makes this one insolvent. They postpone liabilities to increase their cash to look solvent and like they have a good management. It’s going to be very easy to get executed to buy but it’s going to be another story to sell.
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