Eastern Goldfields, Inc. reported a working capital deficit of
US$16.90 million at Dec. 31, 2008, a US$16.19 million increase
from US$707,000 at Dec. 31, 2007.
provides timely updates on public companies reporting a working capital deficit to the U.S. Securities and Exchange Commission. Companies with minimum total assets of USD $5 million are covered. Liquidity Alert highlights significant events affecting liquidity, cash flows, estimated capital expenditures, and capital raising efforts.