InvestorsHub Logo

Toxic Avenger

07/17/12 6:33 PM

#935 RE: Lawson Digest #934

Actually only $4.6 million in debt. The $44 million is paid in capital (money shareholders have given them for stock).

But your point is well taken, losing $6-$8 million per year- more than your entire revenue and owing pretty much your entire market cap in short term liabilities, is pretty dire straits.