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elleryqueen

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elleryqueen

Re: DewDiligence post# 5588

Monday, 10/03/2011 11:12:18 AM

Monday, October 03, 2011 11:12:18 AM

Post# of 20775
I see your point. $600,000 in Total Assets and over $27 Million in Current Liabilities. That is NOT good. President Obama has a better balance sheet!! I do wonder however about the market value of the patents and potential patents? Those numbers do not show up on a balance sheet anywhere. The patents and future patents now in the pipeline could be worth $100's of millions of dollars if things fall into place. In any case, I am not going to deny the current numbers look bad.
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