RE:RE:In fact CEO and 2 directors have been investing since Mayhammer161 wrote ...and yes they have positive cashflow after expense - at least for now as it seems to be reduced compared to last year even though grosss revenues are more or less the same.
Curvature in the past has covered Rochester's financials quite well. Below is a cut and paste of one of his old posts.
Curvature wrote ...
Bud and others
Do any of you guys know how to read a financial statement? Guess not!
While they had a small operating profit the following should be highlighted!
1. They have no cash
2. Accounts payable is 2 times larger than accounts receivable which means they cannot pay their bills on time as more money is going out than coming in!
3. They have negative net worth!
So they better start pulling some rabbits out of their hats before all is declared clear sailing!