Aqua Power Systems Inc (APSI)

[reader3]

You're making a lot of assumptions there. You're assuming that assets are being sold, rather than contracts fulfilled (a contract is an asset until its terms are fulfilled or its term expires), or even trucks and warehouses and leases being depreciated. You're assuming that this debt isn't the sort of trade financing that is expressly permitted by the contract (trade financing of several types is quite standard in freight); etc.