Replies to post #3438 on RJD Green Inc (RJDG)

[OBrien]

Maybe the $244,367 should actually be only $44,367 which is the "deposits" amount?
Not sure what they are counting for the other $200K

[tedpeele]

Obrien, I'm not finding this:

<<Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less or may be redeemable within this period with insignificant penalties. The Company had cash of $156,757 held in a bank and cash equivalents of $244,367 as of August 31, 2016
and $109,464 of cash held in a bank and cash equivalents of $27,878 as of August 31,2015.>>

I don't doubt you but I'm not seeing it in either report.

I think the real cash equivs may be the 44,367 because they are reporting 201,124 in note 6.