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Re: SD1527 post# 2824

Monday, 11/16/2009 2:51:00 PM

Monday, November 16, 2009 2:51:00 PM

Post# of 27469
Is it a 'negative comment' to post basic fundamental information, or is it simply objective, factual commentary?

Here are the basics:

Shares outstanding: 111 million
Today's price: $0.13
Market cap of common stock: $14.5 million

Total assets: $3.6mm
Assets (not including goodwill): $1.2 million
Cash: $0.1 million
Liabilities: $3.0 million

Revenues last quarter: $0.2 million
Operating profit: -$0.2 million

The company is in dire need of cash. Despite having reduced inventory by $250,000 from December thru September, cash has risen only to $56,000.