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Global-Tech Advanced Innovations Inc GAI



NDAQ:GAI - Post by User

Comment by LongGoneJohnon Sep 07, 2006 12:48am
178 Views
Post# 11327866

RE: Nothing Here?

RE: Nothing Here?Clan you're so right. The financials (signed by Keith Shirley and les Kjosness) show that this company is dead broke. The latest financials show at April 30 TOTAL CURRENT LIABILITIES $ 307,887 TOTAL CURRENT ASSETS $ 138,454 If management can't get a big cash injection the lights will probably go out (soon). Given the fact that not much ever really happens here the rate of administrative burn of $750,000 annually is far more than warranted. Makes you wonder who is so well fed for producing nought.
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