Fifty 1 Labs Inc (FITY)

[Phil(Hot Rod Chevy)]

They have 736,000 in cash. Looks like plenty of money to replace inventory.

You most certainly don't know how to read a financial statement.

They report that they had around 737K in cash as of the date of the filing,

But they also reported they had about 683K in accounts payable.

Accounts payable is the money they owe but hasn't been paid yet.

Which means they had about 54K of free cash as of the date of the filing.

Spread among all of the businesses.

Doesn't leave much pocket change to throw around for producing any more DVDs.

Have fun,
Phil