Have YOU read the 2011 Annual Report?!! Accumulat
Post# of 11899
Have YOU read the 2011 Annual Report?!!
Accumulated deficit merely shows the aggregate performance of all of the company's quarters since inception. The "retained earnings" on the balance sheet for RFMK of $9.5M has already been absorbed. Do not disregard that shareholders have nearly covered that entire amount via what we call "Paid In Capital"; look at the balance sheet again. That aggregate loss is NOT the current debt to be paid off by the company . Please do not confuse or obfuscate the matter.
http://www.otcmarkets.com/financialReportView...p;id=97130
"... Current Liabilities ... Accounts payable ..." == "$3,419"
Why is the current debt of the company so low? IMO because of the financing they received from the initial Ironridge deal to the tune of $700k. Numbers don't lie, only posters spinning deceit do. R U Joking?! 
GLTY
$RFMK
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