Monday, December 03, 2007

Pink Sheets: Disaster Preparedness Systems (DPSY)

This just proves that it makes sense to go public if you're crappy with your finances.

Let's look at the balance sheet where we see forty-four dollars in cash and $1,090 due from a related party.

During the nine month period ended August 31, 2007, the Company advanced $1,077 (2006 - $Nil) to a relative of a director. The amount is unsecured, non-interest bearing and due on demand. [Note 7 c]
Dude, pay the damn loan back!

Pink Sheets: Disaster Preparedness Systems (DPSY)

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