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onemaninnj

07/08/15 12:15 PM

#67242 RE: SmartMoves23 #67238

What is needed to be explained in the Supurva finns are the receivables of approx. 1/4 million. If those receivables are from actual healthcare work they billed for, plus the $90,000.00 in sales the finns also show (but at direct cost lost which does not include admin and other expenses,) then that would indicate this is a company at current pace that would do about $1.4 million a year.

But if the receivables are for something else, such as selling off of LHPT old assets and have nothing to do with healthcare business, then at this pace we are only going to be about $360,000.00 a year, and are going to take a huge net loss.

So to be honest, the finns could be decent at 1.4 million a year, or really bad at $360,000 per year with huge losses. So if anyone can confirm, maybe through Danos what are the receivables listed actually from, it would really clear the air of where they are right now at this time either decent, or really bad.

I still would like to know where the 1.2 million in assets LHPT said they had went as people could really speculate on that issue. Assets just do not just go away unless you never had them, or you sold them off, one or the other.