InvestorsHub Logo

pepeoil

01/18/18 11:18 AM

#103222 RE: Bonsai 1 #103221

Yes, the debt on December 31, 2016 was $17,608,195 and it increased to $20,107,888 on Sept 30,2017. By the sounds of it, Wright is borrowing more according to his ramping up update. The company is in a downward spiral, negative cash flow and still borrowing. THis reminds me of the idiots who max out a credit card then get another one to make payments on the last one. What a disaster it is here