IPSA Group - Re: IPSA Stream Log - So that's 1 mil debt...

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Re: IPSA Stream Log
16:06 28/03/2015
Allisfair
0 replies 0 0

So that's 1 mil debt for operations, 4.4 mil to turbocare, 1.2 million to directors and IRIS to settle with so let's say 3.2 mil = 9.8 million of debt. The company makes no profit and has only 3 directors with only an acting CEO which has been the case for months, on average the company makes a loss of about 1-2 million a year because the PPA is so bad and that PPA is more than likely going to be extended.........and sherloq is happy...remind me not to ask him/her for financial advice.

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