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Re: stocksmarter post# 4606

Friday, 07/17/2015 1:46:01 PM

Friday, July 17, 2015 1:46:01 PM

Post# of 12758

stocksmarter Friday, 07/17/15 01:41:20 PM
Re: integral post# 4605
Post # of 4606
Read the current "Q" $23,592,568.00 in Total Assets. Property, plant and equipment alone is $16,454,207.00. Add an acquisition and we are off to the camp town races! :)

From the "Q":

ASSETS
CURRENT ASSETS
Cash $ 113,287
Accounts receivable, net 1,120,213
Other receivables 50,000
Prepaid expenses 1,099,256
Total current assets 2,382,756
Property, plant and equipment, net 16,454,207
Intangible assets, net 4,574,857
Security deposit 750
Deferred financing fees, net 179,998
TOTAL ASSETS $ 23,592,568



Read it again, it is highlighted in red. Current assets. Again, $1.1 of that is a stock certificate paid to a consultant.

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