CVS 0.00% 0.4¢ cervantes corporation limited

Ann: Paynes Find Project Purchase Update, page-3

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  1. 4,583 Posts.
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    Hmm

    I wouldn't lay a bet that CVS will be able to make those two delayed payments of $75,000 and $80,000 by even their revised due dates.

    How will they pay those sums? The half yearly shows cash in the bank of a triumphant $26,238, a loss of $255,223, total assets of $1.02 million but liabilities of $1.5 million.

    I am thinking I have bought a lemon, and that the CVS shares that EUR owns are ultimately worthless.
 
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