New Sky Communications (NSKY) Message Board

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Microcap & Penny Stocks : New Sky Communications (NSKY)

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To: myturn who wrote (2256)	9/4/1998 11:28:00 AM
From: Mike P.	of 2601

thanks for the info, ill keep an eye out for the sight exposure has to be the key i guess, i would like to talk to winchester so ill search out a number. bottom line, this co. has a cash crunch, their biggest assets are the amortization of film inventory and the stock price can not justify the issuing of new shares to stay afloat. what are they using as leverage to secure financing, id be interested in knowing how financial institutions in europe would back this, is there another studio or something involved here that i dont see? they are not going to winchester saying we think we have a movie people will watch now unload a bunch of cash on us, and they certainly arent using a 15 year tax loss writeoff as leverage. money is moving somewhere here, but im new so im still missing key parts to the story no doubt. has me interested though. thanks again, oh and are they getting any up front production fees from the film budgets like they did with that 'lady in white' or whatever that was called?

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