There is over $800 thousand dollars in accrued int
Post# of 17653
Posted On: 02/06/2015 1:12:00 PM
There is over $800 thousand dollars in accrued interest debt on the DUTV balance sheet. That will only grow until it is paid. That is just interest. That will require enough income be produced to eventually overtake the accrual rate of that interest. It's on the verge of a Million dollars mind you.
It's not that DUTV can't do it, it's just that Garry has not revealed how he plans to get revenues up to match the increasing debt.
This next financial report will give all a better idea of the trajectory DUTV is headed in.
Will keep my eyes on the balance sheet for receivables, payables and especially that accrued interest figure...
It's not that DUTV can't do it, it's just that Garry has not revealed how he plans to get revenues up to match the increasing debt.
This next financial report will give all a better idea of the trajectory DUTV is headed in.
Will keep my eyes on the balance sheet for receivables, payables and especially that accrued interest figure...
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