Current liabilities greater than the current assets... Debt up to the eyeballs...
This is not the same company that I first invested into.
The question remains, why is funding being poured into this company? What is to be gained? Will it be worth it to all parties involved, and being a little self-centred, what about the little shareholder?
Given all the money available, I assume there is value somewhere. Let us hope it is not purely "security of assets" reasons and the value can be shared.
Current liabilities greater than the current assets... Debt up...
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