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Re: None

Tuesday, 07/03/2018 2:37:12 AM

Tuesday, July 03, 2018 2:37:12 AM

Post# of 98
Looking at December 2015 to September 2016, assets shrunk from $69,000,000 to $66,000,000. Meanwhile, liabilities went from $70,000,000 to $72,000,000.

A $1 million gap grew by 600% in only 9 months. We are almost to September 2018. How much more has that gap grown? Even if you took $5 million every 3 quarters, you’re looking at a gap of $18 million on top of the loan for the buildings. That’s a conservative number.

If more than that, you’re looking at any profits being consumed by the purchase price and the officers of the company probably being bought out.

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