LIQUIDITY ALERT: AE Biofuels’ Current Deficit Up 3% to $11.72M
AE Biofuels, Inc.’s working capital deficit increased by 3%, or US$375,000, from US$11.34 million at Dec. 31, 2008 to US$11.72 million at March 31, 2009.
The Company reported US$833,000 in current…