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Define possibility of investing in stonebridge resources

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Reference no: EM131715558

Question: Hot Tip. Dan Wilmer, a small businessman, was facing a cash crunch in business operations at his company Always-Behind-You Trailer Sales. He is desperate to locate a source of short-term financing or cash to be able to pay his accounts payable for the next 30 days. His bank will not lend him anymore money in the short-term. Yesterday, he received the following e-mail. Dan has a small amount of cash, and he has called you, his accountant and financial adviser, to ask what you think about the possibility of investing in Stonebridge Resources as mentioned in the e-mail to make a short-term killing on this oil stock. Provide Dan with a short memo regarding this email tip.

Reference no: EM131715558

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