LIQUIDITY ALERT: Patient Safety’s Current Deficit Rises to US$11MM

Patient Safety Technologies, Inc. had a working capital deficit of US$11,369,127 at December 31, 2009, of which US$8,000,000 and US$3,666,336, respectively, are associated with deferred revenue relating to the partial…

LIQUIDITY ALERT: Patient Safety’s Current Deficit Up by 131%

Patient Safety Technologies, Inc. reported a working capital deficit of US$5.69 million at Dec. 31, 2008, a 131% increase from US$2.46 million at Dec. 31, 2007.

The Company had US$1.10 million…