TSX:SGR.UN - Post by User
Comment by
hydra100on Nov 07, 2010 5:17pm
347 Views
Post# 17670935
RE: RE: RE: Original Thinking - 2
RE: RE: RE: Original Thinking - 2Yelling,screaming and name calling does not make you correct or even readable. Take a pill.
On page 3 of thier last financial report they say that deficit at end of period is 169,998,483. They had a net loss of 7ml for the qtr which brought it up from 162ml.
Later on in the same report they indicate the long term debt is 2ml.
The difference is in my opinion that they are subtracting the value of assets and subtracing the deficit. I am not an accountant but I at least have read the report.
Please and I would like this very much, indicate where I can find where they have 50-100ml cash money in the bank. Please for all shareholders as this would be great news. Before you do look at page 16 of financials where they tell us they are obligated to hold enough money to meet rolalty agreements so the the 18ml in securities they have in my opinion is for this purpose.
If you have taken a pill and can refrain from yelling, screaming etc please respond.