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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: diddlysquatz who wrote (15313)8/7/2013 11:16:15 AM
From: statesidereport  Read Replies (2) of 49402
 
The $1.4 million in payables is offset by $1.8 million in a/r and inventory plus they still have over $1 million in cash above that. The Deferred revenue as a liability will be turned into sales on the P&L. I'm going to start nibbling here. Your buying the business for practically nothing at a $1.3 million market cap and over $1 million cash.

stateside
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