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Re: None

Friday, 09/14/2018 7:25:45 AM

Friday, September 14, 2018 7:25:45 AM

Post# of 109029
According to this , Toron Inc has $400,000 in assets before the Inmed Group acquisition !

Quote from Toron Inc financials:

($ 000's) Assets: Toron, Inc. Balance Sheet As of April 30, 2018 (Unaudited) Current Assets
Cash and cash equivelants Accounts receivable Total Current Assets Fixed Assets
Property and equipment, net Investment in iMedScan Total assets Liabilities:
Accounts payable Accrued expenses Other current liabilities Total current liabilities Long term debt Total liabilities Shareholders' equity: Shareholder equity Capital stock Retained earnings Total liabilities and shareholder's equity $ - - - - 400 $ 400 $ 790 367 - 1,157 11 1,168 790 1,431 (2,989) (768) $ 400 “


What is in 000's?
The reference to "000's omitted" is most often found in financial reports and refers to the practice of presenting tables of numbers presented in "thousands of dollars" (hence 000's omitted).
Commonly Used Terms & Abbreviations in Government ...