Coda Octopus Group, Inc. reported a 58% rise in its working
capital deficit, from US$4.89 million at Oct. 31, 2008 to US$7.71
million at Jan. 31, 2009.
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.