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Re: Bonsai 1 post# 103221

Thursday, 01/18/2018 11:18:12 AM

Thursday, January 18, 2018 11:18:12 AM

Post# of 127589
Yes, the debt on December 31, 2016 was $17,608,195 and it increased to $20,107,888 on Sept 30,2017. By the sounds of it, Wright is borrowing more according to his ramping up update. The company is in a downward spiral, negative cash flow and still borrowing. THis reminds me of the idiots who max out a credit card then get another one to make payments on the last one. What a disaster it is here
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