InvestorsHub Logo
Followers 5
Posts 1114
Boards Moderated 0
Alias Born 12/13/2007

Re: RichieBoy post# 17230

Sunday, 04/22/2012 11:14:54 AM

Sunday, April 22, 2012 11:14:54 AM

Post# of 21194
Thanks Richie
I would think a small company with 10 employees (that I am aware of) can't go on indefinitely accumulating that kind of debt. Caveat Emptor is not there for no reason. One thing that bothers me, before we were provided with financials, we were told that the company is "healthy" (whatever that was supposed to mean). Obviously with $8 mil in accumulated losses, we weren't being told anything that was representative of Identa's bottom line. It was probably just another tale that you can add to the pile.
Just my opinion.
Vits

When you come to the fork in the road ... Take It !