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Replies to #52863 on MediaG3 (MDGC)
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sunrisewizard

06/21/11 2:30 PM

#52875 RE: GreaseWD40 #52863

I wonder where all this extra money is coming from. Must have received a big contract.
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NUFSED

06/21/11 3:00 PM

#52883 RE: GreaseWD40 #52863

From the Interim Financials Statements

Quote from interim financial statement:

The Company has incurred operating losses since inception of $15,023,383 but has a positive working capital of $7,759,743 as of March 31, 2011.

Unquote

Grease, any comment on the highlighted part from the interim financials? How have we generated this nearly 8 million in working capital??

Am I understanding this figure correctly?