Thread regarding National American University layoffs

$16K in cash, $7.5M in assets, $9.2M in liabilities

Is NAUH paying its bills? $124K operating loss. How long can this go on?

"Company management has also continued its efforts to reduce expenses, as possible, and to negotiate other obligations with the intention of reducing the working capital deficit and improving cash flows from operations; however, the Company’s
management is unable to provide assurance that these efforts will be successful."

https://www.otcmarkets.com/otcapi/company/financial-report/390537/content

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