Westrend Natural Gas - I.D.E. Hot Stock Message Board

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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Gene Veinotte who wrote (1607)	8/19/1998 1:19:00 PM
From: Wink	Read Replies (3) of 2011

Gene; I couldn't wait till the weekend so I took a harder look during my lunch hour and things look OK! For now. If the second quarter shows that management can control costs then I will stick around. Based upon the first quarter numbers it looks like a start has been made to this end. One thing that I wonder about is the "minority interest" expense in the quarter ended 4/98? What does this represent? And why does the income statement show a loss of $86,193 but the cash flow reconciliation statement shows it as a loss of $102,692? Also on this score, note that the minority interest for the quarter ended 4/97 showed a net gain of $23,979 while its cash flow reconciliation statement shows it as a loss of $422,271! My guess is that it has something to do with services exchanges. Can anyone help me with this?? Office expense is still on track for a half mil this year. How many cups of coffee does that represent!!! or for that matter barrels of oil?? Only about 30 days till the next financials are due. I'll wait that long, but if they're late!!!!! Have a good week. ;>)

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