Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome Hay who wrote (2620)	5/21/1998 6:51:00 PM
From: tgs59	Respond to of 4539

Jerome, You need to look at the balance sheet a little closer. Total current assets are $562,296, which includes the $303,111 in A/R. Total current liabilities are $7,087,656, which includes the $3,387,705 in accounts payable and accrued liabilities. I am sorry, but I simply cannot find a positive spin for those numbers. The only way those A/R numbers can cover current liabilities is if the miracle of the fishes and loaves is repeated. Long-term debt also increased. I am not spinning the numbers, but simply presented some of the basics. Please review them for yourself, but don't delude yourself or others. tgs59