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deck chairs on the titanic, page-2

  1. 88 Posts.
    Looks like anyone who states the facts about these guys gets suspended !

    Well here are some more facts, they have cash of $247,000 to pay Exploraton Expenditure of $437,000 and the good old "Management Fees"of $235,000, wonder which will actually get paid before they go Belly Up?

    Also noticed some interesting Notes to the AR Note 1q re Going Concern and in the Auditors OPINION "Emphasis of Matters"!!!!!

    Surely no one in their right mind, sophisticated or not would buy one more Share, in which case how long before we are all put out of our misery?
 
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