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Post# of 405181
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Re: Bruinfan4ever post# 217654

Thursday, 02/15/2018 7:37:40 PM

Thursday, February 15, 2018 7:37:40 PM

Post# of 405181
Right and that is exactly my point. Do the arithmetic. Current liabilities AFTER related party items are about 30% more than cash on hand....4.1MM current net of related parties vs. $3.1 million cash. And the related party items have to be paid eventually and continue to accrue.

The balance sheet is not sustainable. They need cash soon

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