You have to spend money to make money, isn't that right? It seems to me they are starting to reap the rewards after years of struggling.
Long term debt $39,000 - not a big deal.
They had to issue shares to "sophisticated investors" to stay afloat - also not a big deal when lots of other (much larger) companies do exactly the same thing.
2006 2007 2008
Cash Assets 524 887 2,187
Receivables 0 0 15
Inventory 0 0 0
Others 5,041 0 0
Current Total Assets 5,565 887 2,202
Accounts Payable 251 343 290
Debt Due 200 0 0
Others 322 0 29
Current Liabilities 773 343 319
Can someone confirm please: do future profits get offset against past losses?
As always, DYOR.
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