Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,616.85
(
0.08%
)
US TECH 100
24,086.00
(
2.32%
)
Dow Jones
46,584.46
(
-0.18%
)
Brent Oil
101.21
(
-5.47%
)
Bitcoin
71,965.33
(
4.51%
)
News Focus
News Focus

Replies to post #14476 on CAVU Resources Inc (CAVR)

Replies to #14476 on CAVU Resources Inc (CAVR)
icon url

Karl43

06/21/12 10:30 AM

#14477 RE: Karl43 #14476

Their receivables went from 2.1 million to 4.8 million. If they could only collect this receivable now, which is more than 7.5 times last years sales, they could internally fund themselves over the short term. JMO
icon url

johnsyn

06/21/12 11:13 AM

#14479 RE: Karl43 #14476

They sold off the old FiloSWD equipment and replaced it with the up-to-date equipment they bought at auction.