InvestorsHub Logo
Followers 174
Posts 30733
Boards Moderated 0
Alias Born 01/01/2006

Re: SPIN post# 20

Friday, 07/13/2007 12:02:58 PM

Friday, July 13, 2007 12:02:58 PM

Post# of 5511
Looking at the numbers on Yahoo finance, the co is in debt to the tune of $7 million and making a loss every quarter.

What is interesting to me though, is that on 31st December, Property plant and equipment was valued at $1,244,000 and on 31st of March, it was valued at $3,389,000, which is an increase of $2 million.

They appear to be tooling up for expansion. Do you have any idea what that might be SPIN?

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.