RE:RE:RE:Has anybody here even wondered about it?I understand you believe, and that's an inalienable right.
Your right.
Who could be stupid enough to challenge that?
The rude fact is that no company of even marginal cap will ever sign a contract with a technically bankrupt company.
Ever.
The idea that appeals to shareholders is to reduce receivables, not increase them.
Quickly! I already know the answer.
What percent of pyrogenesis' roughly $18 million in collectibles is already over 90 days past due.
In their own notes tothe financials, they write that accounts over 90 days in arrears areof highly dubious present value.
But they make up the better part of the company's balance sheet's current assets.
These are all part of the numbers that go into calculating working capital.
Most of this company's current assets are air.
I'll give you a hint what percent delinquent accounts are of current assets.
Think 70% ish.