LIQUIDITY ALERT: Iowa Renewable Has US$27.6 Mln Current Deficit

Iowa Renewable Energy, LLC’s working capital deficit was US$27,628,000 as of June 30, 2011. The working capital deficit was US$26,535,000 as of Sept. 30, 2010.

The Company has very limited access…

LIQUIDITY ALERT: Iowa Renewable Has US$26.5 Mln Current Deficit

Iowa Renewable Energy, LLC, reported current assets of US$1,233,887 and current liabilities of US$27,769,336 at September 30, 2010, for a working capital deficit of US$26,535,449. The Company had a working…