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Stuart Olson Inc CUUHF

"Stuart Olson Inc is a Canada-based company. It operates in business segments that are Industrial Group, which offers services to clients in a wide range of industrial sectors including oil and gas, petrochemical, refining, water and waste water, mining, pulp and paper and power generation; Buildings Group, which includes construction, expansion and renovation of buildings for private and public sector clients in the commercial, light industrial and institutional sectors; Commercial System Group


OTCPK:CUUHF - Post by User

Comment by Construction555on Mar 27, 2020 2:35pm
174 Views
Post# 30853950

RE:Sub-Trade Community

RE:Sub-Trade Community
This type of window dressing is fairly common by public companies.  If you pay on March 31 your cash balance is reduce.  Just pay on April 1 and show more cash on the balance sheet.  Some do take it further no payments a week before quarter end.  The big oil companies are most notorious by being poor payers.  The rest of the missed payments just flows down the line.
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