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Friday, September 09, 2011 10:13:23 AM
What about the current liabilities exceeding the current assets significantly?
What do you mean by this..Where does it say that in the 8-k?
I don't feel like anyone (unless I missed a post) says,
" the most important thing in the 8-K is the connection to one person"
I think the most important things have been stated. I think that the most important thing here is that SurgLine has FDA approved products that they sell and make money on, and have become a publicly traded company and will continue to grow with the new business they've stated (VA, etc)...
as far as the 10k in cash, I have to assume that SurgLine bought this shell and it's debt. This caused them to go in the negative because they purchased something.. If they would have wen public on their own it would have cost much more. If they generate the revenues they say they do then the few hundred thousand in debt will be gone and in the positive in no time...
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