News Focus
News Focus
Followers 0
Posts 123
Boards Moderated 0
Alias Born 03/30/2011

Re: DYNAMITE DAVE post# 1762

Thursday, 08/11/2011 8:37:11 AM

Thursday, August 11, 2011 8:37:11 AM

Post# of 2231
While somewhat sloppy the balance sheet seems to be fairly strong and the liquidity picture is significantly better than the 12/31/10 statements. I would think that the "going concern" could be removed at this time as the company seems to have the liquid assets to fund operations for the next several quarters. Unless of course there is a huge ramp up in revenues from the Govt Services division, which is a good thing. Should that be the case then this company could possibly seek traditional bank financing based on the confirmed contracts. If that were to occur or be ongoing it would take this stock much higher.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today