Working Capital Working capital Sept 30 2011 was roughly 20,100,000 (current assets minus current liabilities)
Working capital Sept 30 2012 is roughly 16,500,000 (cureent assets minus current liabilities)
I read that someone thought Gary was brilliant for having more cash on hand in Sept 2012 then in Sept 2011 when in fact that is correct but liabilities in 2011 were rouhly 146,000 vs 4.9 million in 2012.
Interesting travel and promotion expense 2011 5888,000 vs 1.4 million in 2012. I guess that expense is required to build shareholder value.