All FINX,
Let's hear it for the FINX employees.....Does anyone know how many employees are showing up? Lets hope that Tom is close to signing something soon.
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Finger/Matrix Employees Refuse to Go Home Despite Company's Lack of
Funds
Business Wire - October 27, 1997 14:15
FINGER MATRIX FINX %NEW-YORK %COMED %COMPUTERS %ELECTRONICS V%BW P%BW
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DOBBS FERRY, N.Y.--(BUSINESS WIRE)--Oct. 27, 1997--Despite the
announcement Oct. 8 by Finger/Matrix Inc. (NASDAQ EBB:FINX) that it was
suspending operations temporarily pending receipt of additional funding,
the bulk of its staff has refused the layoff and continues to come to
work as usual, without any guarantee of compensation.
"They are confident we will secure additional capital soon and they
don't want their projects to be interrupted," Thomas T. Harding,
president, reported.
The electronic fingerprinting pioneer has three new completely
re-engineered systems ready for market, including an advanced 10-printer
recently certified by the FBI for use in the law enforcement field both
here and abroad, but it has exhausted its operating funds.
Harding said serious discussions are under way with several prospective
investors, both corporate and financial.
"If the funds become available from one of these sources our loyal
employees will be paid for their voluntary services," he added. |
