LIQUIDITY ALERT: Workstream Inc.’s Current Deficit Drops 80.6%

Workstream Inc.’s working capital deficit fell 80.6%, or US$19.5 million, from US$24.2 million at May 31, 2009, to US$4.7 million at February 28, 2010.

The Company reported current assets of US$2.6…

LIQUIDITY ALERT: Workstream Inc. Reports $1.07M Current Deficit

Workstream, Inc. reported a working capital deficit of US$1.07 million at November 30, 2008 from a US$609,000 working capital deficit at May 31, 2008.

As of November 30, 2008, the Company…