Stella Diagnostics Inc (SLDX)

[dukeb]

I am familiar with accounting for private companies. The section of the Statement of Cash Flows as it relates to various public company activities (paid in capital items specifically) are above my pay grade. These capital numbers appear to have been used to just "make things balance" but I dunno.

The notes to the financial statements refer to assets that were "relinquished" and long term debt that was "extinguished."

The Statement of Cash Flows shows a "Decrease in long term debt" of 1,016,087 and "Disposal of property, plant and equipment" of 1,002,610. If the notes are correct (and who knows if they are) and these were "relinquished" and "extinguished" then there isn't any cash flow implication, no?

And yet these amounts are on the Statements of Cash Flows.

Maybe we should stop giving Kent pointers??