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Friday, July 15, 2005

Broadleaf Capital Partners (lousy)

What struck me about these guys was their "balance" sheet.
Cash: $15,528
Accounts Receivable: $18,901
Total Current Assets: $34,429
Total Assets: $869,138

Total CURRENT Liabilities: $2,224,069
You may ask yourself, how is this possible? For an individual, it would be the equivalent of having next month's bills totalling up to $50,000 while the sum total of everything you have is only $30,000. I'm amazed their stock sells for as much as 10 cents (6.6 million shares outstanding). Maybe they could earn some money by improving this company's website. I've been watching that site for hours and nothing's happening.

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