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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST

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To: cascara who wrote (15242)6/23/1998 8:08:00 PM
From: CoffeePot  Read Replies (1) of 50264
 
Just curious if this info is correct, how the heck is this company going to stay in business?

Cash: $104,898
Income taxes payable: $98,894
Short term borrowing: $785,606
Accounts payable: $209,050
Accrued interest: $35,678
Total current debt: $1,129,228

A 1:10 ratio this is an insolvent company by any stretch of the imagination. Which brings us to another point concerning the financial statements. There is no going concern opinion issued by the auditors cautioning the reader. Wonder what college this accountant graduated from.


Message 4910610

and DGIV wants to buy back shares?????How?
tic tic tic tic
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