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Microcap & Penny Stocks : Value Holdings (VALH) -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (142)6/23/1999 8:28:00 AM
From: TickerTalker  Read Replies (2) | Respond to of 1152
 
I can see why VALH is a hold for a year or two. They're getting rid of a big chink of debt this year and next too...

From 10Q:

CURRENT LIABILITIES
Accounts payable $ 2,182,258
Accrued liabilities, other 462,023
*Note payable bank and others 8,131,260 *
Note payable stockholders 460,666
-----------
TOTAL CURRENT LIABILITIES 11,236,207

Annual maturities of long-term debt at April 30, 1999 for each
of the succeeding five years are summarized as follows: Year Ending April 30:
2000 $ 8,591,926 *
2001 604,157
2002 472,964
2003 136,332
2004 and after 181,777