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.
CVS Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held