Replies to post #39239 on All American Pet Company Inc (AAPT)

[Helter Skelter]

What do you mean, "no horrible debt"?

It's hard to find an FULLY REPORTING SEC company, with no horrible debt and fully transparent.

Take a quick peek at current assets to current liabilities:

$548,457 to $4,527,069.

Almost $4 million more owed than owned.

Remember, that's current assets, current liabilities.

They had a loss.

Tell me...if you had credit card debt (liabilities) of $4,527,069 with zero income, actually a loss of $737,670, the past 3 months...

...how do you plan on paying those current liabilities (credit card debt)?