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mfitrader

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mfitrader

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Wednesday, 03/05/2008 3:49:50 PM

Wednesday, March 05, 2008 3:49:50 PM

Post# of 2572
How could this be true if their total revenue was under $10M and they were losing money?

"TTCM China Retired a Short-Term Bank Debt of $2,500,000.00

MOUNTAIN VIEW, CA--(MARKET WIRE)--Nov 21, 2006 -- TTCM China, Inc. (Other OTC:TTCH.PK - News), a leading producer and supplier of glass-reinforced fiber plastic pipes, today announced that they have reduced their short-term bank debt by $2,500,000 from the improved cash position of the company."...
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