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Post# of 77519
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stockmasterflash

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stockmasterflash

Re: Lickety Split post# 64007

Tuesday, 09/24/2013 10:44:24 AM

Tuesday, September 24, 2013 10:44:24 AM

Post# of 77519
$9 million in current liabilities

MMRF loses over $1 million per quarter

MMRF currently has $10,000 in cash on the balance sheet

MMRF is in violation of it's debt covenants to RHL

I highly doubt that Granit/eDutchess is currenly willing to fund MMRF via the existing agreement due to the near insolvency of the company and the illiquidity of the stock

Shareholders being wiped out is a very REAL and potentially imminent worry.

A Walgreens, WebMD, Allscripts etc is not at all concerned with litigation against near insolvent companies like MMRF.

With financials like this, investing in MMRF is a worse bet than a lottery ticket.


#1). You have money. Other people want it. All of it!

#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)

#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,

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