Deltron Inc (DTRO): I think its also time to extinguish this...

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TJG

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Friday, 04/13/2012 9:16:41 AM

Friday, April 13, 2012 9:16:41 AM

I think its also time to extinguish this debt nonsense of $7 or $10 million and label it factual.

DTRO has on its books as of the last filing, Q ending Sept 30 2011 Liabilities of $11.8 million and Total debt of $4.4 million. These figures come from the latest update from Reuters posted on April 6, 2012. This is that section taken from the Reuters report. I am sure there are some here that when it comes to reading a financial report are not up to speed on the difference between Liabilities and Debt... so there may be some DD needed for those folks. If you want to see the full report DD Reuters and anyone can look it up.

Other Current Liabilities, Total 7.2
Total Current Liabilities 11.8
Long Term Debt 0.6
Capital Lease Obligations -- -- --
Total Long Term Debt 0.9 0.8 0.6
Total Debt 4.4

https://www.etrade.wallst.com/v1/common/pdf.asp?reportType=1&wsodIssue=6319284&tiSource=REUTERSGLOBAL&FeedID=696