Trucept, Inc. (TREP)

[XenaLives]

Thanks for supporting my statement that the balance sheet improvements are just smoke and mirrors accounting. They have nothing to do with the quality of TREP or BONAR business.

They've recently been vocal about it legally in PRs at shareholders request.

The company is working with counsel to resolve all past tax issues in the best interest of shareholders and clients
https://www.otcmarkets.com/stock/TREP/news/Trucept-Inc-Provides-Corporate-Update-and-Year-End-Summary?id=219610

Trucept CEO Norman Tipton said disputed liabilities, identified on its financials, "have been by resolved $2 million, and we anticipate resolving more through 2019."
https://www.otcmarkets.com/stock/TREP/news/Trucept-Releases-Year-End-2018?id=219983

Trucept CEO Norman Tipton said the increase in Net Income is attributable to the settlement of outstanding debt. "In 2017
https://www.otcmarkets.com/stock/TREP/news/Trucept-Publishes-First-Quarter-2019?id=229585

Trucept continues to negotiate disputed liabilities and has successfully reduced them by approximately $2.6 million, for a net income increase of about 37 percent from the previous quarter
https://www.otcmarkets.com/stock/TREP/news/Trucept-Publishes-Second-Quarter-2019-Earnings?id=237680