OTCPK:CUUHF - Post by User
Comment by
Construction555on Mar 27, 2020 2:35pm
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Post# 30853950
RE:Sub-Trade Community
RE:Sub-Trade Community
This type of window dressing is fairly common by public companies. If you pay on March 31 your cash balance is reduce. Just pay on April 1 and show more cash on the balance sheet. Some do take it further no payments a week before quarter end. The big oil companies are most notorious by being poor payers. The rest of the missed payments just flows down the line.