Thursday, February 06, 2020 8:26:38 PM
*Accrued royalty fees as of nine months ended September 30, 2019 and December 31, 2018, was $520,632 and $483,132, respectively. If contested, the Company may be found to be in breach of obligations to pay these amounts (although the Company believes this obligation is no longer ongoing), thus the remaining obligation under this agreement will remain as a liability.
---this is from Force Dimension...and we are going to deduct that amount from this:
Accounts payable and accrued expenses $622,370 ending Sept 30th, 2019, which leaves only $101,738 in liabilities
They had net cash of $446,513 ending September 30, 2019, which leaves a net cash amount $344,775 after the liability deduction.
!!That is correct......absolutely zero in liabilities with net cash of $344,775. Granted it's not $3.5 Million...but that is what I call a damn fine balance sheet in this scenario.
:) https://www.otcmarkets.com/filing/html?id=13857328&guid=lmRCU61eNbyNp3h
Recent DROR News
- Using AI For a Better Smile • AllPennyStocks.com • 01/08/2024 06:14:00 PM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM
Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM
HealthLynked Corp Announces First Quarter 2024 Results: Achieves 8% Revenue Growth Over Last Quarter • HLYK • May 16, 2024 8:00 AM
Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • INTV • May 15, 2024 10:30 AM