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Microcap & Penny Stocks : BLHG, BEACON LIGHT HOLDINGS

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To: Ga Bard who wrote (167)4/24/1998 6:33:00 PM
From: Andreas  Read Replies (2) of 658
 
I have a question for all,
Is it normal for a fairly new company as this one to have such a scewed current asset/current liabilitis ratio?
Current asset = @ $1000
Current Liabilities = @ $900,000

How are they going to be able to pay for this large current liabilities? How was it generated?

Anybody that has some insights on this and would like to share it with us would be very nice.
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