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Re: Tony_the_Tiger_1973 post# 64256

Thursday, 03/26/2015 8:29:18 AM

Thursday, March 26, 2015 8:29:18 AM

Post# of 111925
Good. I read through their Sept 10-Q yesterday (all 47 pages) and I see the potential here. Even though they had a negative working capital throughout the 9 months, their current ratio was .87 (current assets divided by current liabilities, for those reading this and wondering how current ratio is calculated, anything above 1.0 is positive working capital) so at least at the point they were almost at a positive cash flow position. Next week's 10-K filing should also be very telling. I got in this position knowing it may be a bit bumpy throughout the next few months. I have a buy and hold mentality and 15's just looked to good to pass up. IMO

GLTA, glad to be part of the VPOR family