Posted On: 12/04/2014 7:47:14 AM
Post# of 9144
financials are not bad for that stage of development prior to VP of sales
current ratio (current assets over current liabilities) is positive-above 1- many co's at this pps and class have negative CR's- as low as .0001- I even saw 1 otcqb co w 50 million liabilities and only 5k assets! How?
and I dont see any long term liabilities-so the asset/liability ratio is very positive-again at this pps and class thats not very common-and current financials should reflect increase of revenue since hiring VP of sales
so this should allay many of the fears investors have in investing at this level-(but many wont invest below current info) positive CR and asset/liability usually means no bankruptcy and no need to engage in toxic financing so common to many co's.
so they should be in position to upgrade soon to help stockholders out and increase the investor pool
current ratio (current assets over current liabilities) is positive-above 1- many co's at this pps and class have negative CR's- as low as .0001- I even saw 1 otcqb co w 50 million liabilities and only 5k assets! How?
and I dont see any long term liabilities-so the asset/liability ratio is very positive-again at this pps and class thats not very common-and current financials should reflect increase of revenue since hiring VP of sales
so this should allay many of the fears investors have in investing at this level-(but many wont invest below current info) positive CR and asset/liability usually means no bankruptcy and no need to engage in toxic financing so common to many co's.
so they should be in position to upgrade soon to help stockholders out and increase the investor pool
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