ZenaTech Inc T.ZENA

RE:RE:RE:RE:RE:Will the trend reverse?

[mydogchach]

Zaybure - (12/28/2020 9:52:51 AM)
RE:RE:RE:RE:Will the trend reverse?

mydogchach wrote:Zaybure/buddyboybruce - (12/26/2020 12:29:16 PM)
RE:RE:Will the trend reverse?FYI: the debt on June 30 stood at 123.8M (Q2), and on Sept 30, at 116.6M (Q3).
With the sale of the Delta facility, to be finalized on Dec 30, the debt will improve in Q4.


Zaybure
you can call it debt or liabilities - or you can call it pickled tongue feet, but no matter what you call it, Zena - per their Sept 30 financials - owe $195,810,431.

Your non-sensicial interpretation and splitting up the debt into liabilities and debt - and then ignoring liabilities doesn't change what Zena owes overall. The term liability is simply defined as a company's financial 'obligation'.

 

 Again FYI, Debt is NOT liability. If you buy a company, you have an obligation (read: liability) to pay future salary of your employes. But that's not a debt. This is my last post to you on this subject. Should you continue with that nonsense, you will be on my ignore list.


Just admit you're wrong you pompous little twerp.
Yes, if you buy a company, you still owe past salaries to date - but you buy ALL the debt (unless it's negotiated otherwise). That would include the power bills, the packaging supplies, the seed, the plants, the water, the fertizilzer and chemicals - what ever is in inventory. 

Long term debt aside - Zena owes $30 million in accounts payable and $30 million in customer deposists - what in the f*ck do you think happens to those debts if the company is bought out? They just disappear? What do you think happens to the court cases where theyr'e being sued by contractors for outstanding bills? It just gos away. You're a complete idiot.

Besides being a moron - you're a whiny little b*tch who can't admit being wrong.
Wah-wah, quit buggin me or I'll put you on ignore. Go ahead buddyboybruce - I'll still read your posts and continue to tell you how stupid you are.