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Re: bia33nca post# 1598

Saturday, 10/29/2011 4:34:26 PM

Saturday, October 29, 2011 4:34:26 PM

Post# of 13897
Okay, so their current total assets would be, $8,071,00? Adding up the $6 Million, $271,000 cash and their capital equipment and property valued $1.8 Million? So what would the $6 million be? I'm guessing the cash is savings for something? Then the $1.8 Million would be the fracking units?

So liabilities are debts basically?

The direct costs are material and labor?

What's G&A expenses and other expenses?



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