July 21, 2009

LIQUIDITY ALERT: Morgan’s Foods’ Current Deficit Drops to US$10MM

COMPANIES: Morgan's Foods Inc
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Morgan’s Foods, Inc.’s consolidated balance sheet at May 24, 2009, showed current assets of US$10,198,000 and current liabilities of US$12,546,000, resulting in a working capital deficit of US$2,348,000. The Company…

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TOPICS: Beverages/Soft Drinks | Earnings | Food | Food Stores/Grocery Stores/Supermarkets | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: United States