GREY:LGLTF - Post by User
Post by
schoolboyon Jun 23, 2016 12:42am
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Post# 24989917
CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTSI continually hear about them stiffing suppliers. As of March 2016, their Cash and Cash Equivalents slipped to $220,611 from March 2015's $5,747,019. They are losing a million a month. It will be interesting to see how July - the busiest month - plays out, with suppliers either demanding cash in advance, or flat-out refusing to deal with them. I predict a fiasco that will make last year's strike look insignificant.