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08/16/11 6:58 PM

#53057 RE: JohnCM #53053

Yes.
1.989 M current assets
2.17 M total assets

725k current liabilities.
1.112 M total liabilities

Sorry the complete financial won't copy from otc.

Excellent for this pps. I've looked at thousands of penny financials -at first aghast -hoping this wasn't the future of America because most companies financials were so horrible-current ratios of .001 etc. Some with 50 million liabilities and no assets -with a pps greater than tytn-no logic.
Sometimes companies would have a negative book value of 15 dollars when pps is one dollar-meaning people are paying one dollar pps to buy 15 dollars of liabilities.

So by putting things in perspective its easier to see how excellent a financial position comparatively the company is in for the pps.
People were buying F up to $14 pps when they had negative book value-more liabilities than assets.