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Sofame Technologies Inc SFMGF

Industrials Diversified Industrials
Sofame Technologies Inc is a Canada based company engaged in engineering and manufacturing direct-contact heat recovery and industrial water heating systems. Its services and products belong in the categories of power boiler and heat exchanger manufacturing. The products of the company include percotherm, percomax, hybrid oercotherm, launrec RBT, among others. The organization generates revenue from the US and Canada based clients, of which maximum revenue is derived from the Canada based client


GREY:SFMGF - Post by User

Sofame Technologies Inc > NEWS OUT *** AND NOONE SAYS ANYTHING.... not a good sign...
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Comment by canyousayon Oct 12, 2015 10:19am
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Post# 24184418

RE:NEWS OUT *** AND NOONE SAYS ANYTHING.... not a good sign...

RE:NEWS OUT *** AND NOONE SAYS ANYTHING.... not a good sign...As per the update:  "Quarterly filings ending June 30, 2014, reported net value Sofame's assets as C$173,626."  This is incorrect.  This is the amount of just the non-current assets.  The net value of assets as represented by shareholders equity (assets - liabilities) is a negative $1.4 million.
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