Replies to Msg. #742266
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 Msg. #  Subject Posted by    Board    Date   
09336 Re: Wave's precarious position
   ap would be bound to go up - they took a loan. not sure why this is...
Cactus Flower   ALEA   14 Aug 2012
5:00 PM
09333 Re: Wave's precarious position
   I doubt much is planned. You used the word "managed". They guessed...
DigSpace   ALEA   14 Aug 2012
2:32 AM

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Re: Wave's precarious position

By: tkc in ALEA
Tue, 14 Aug 12 2:26 AM
Msg. 09332 of 54959
(This msg. is a reply to 09315 by tkc)
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And I didn't even notice the A/P number on the balance sheet until another pointed it out. A/R down to $3.5M which they've undoubtably borrowed against vs. A/P up up to $7.8. "Wake up little Suzie" we're in trouble deep. Seriously, I wouldn't be a bit surprised if they file BK. This has been so badly managed it looks planned.