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Microcap & Penny Stocks : ONPT - A 52wk high price and volume
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To: Bill Fortune III who wrote (355)5/10/1999 9:59:00 AM
From: SIer formerly known as Joe B.  Read Replies (1) of 375
 
Anybody else catch this dilutive news from the 10K:

Management believes the Company has sufficient liquidity because
of its existing stream of contractual lease payments, its current working
capital, and its available borrowings under its $5 million debt financing
to maintain its current level of operations. However, in order to
accommodate recent contract awards, totaling approximately $27 million,
together with other growth related opportunities in 1999 and beyond, the
Company plans to seek additional financing during 1999.
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