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Magnum7419

08/09/19 2:49 PM

#282536 RE: BidnessMan #282535

Cash is shrinking and Long term debt is on the rise IMHO


"Now, turning to the balance sheet, on June 30th, 2019, the cash balance was $1.92 million versus $7.19 million as of December 31st, 2018. The company had no short-term debt. [b[color=red]]Long term[/color] liabilities were $25.47 million as of June 30th, 2019 compared with $18.31 million as of December 31st, 2018."

https://seekingalpha.com/article/4283596-terra-tech-corp-trtc-ceo-derek-peterson-q2-2019-results-earnings-call-transcript?page=8