judy, a million here, a million there.
before you know it, we will be talking about real money.
anyway,
dec 31,1996
cash 3.321 million
other than cash 340 thousand
total 3.667 million
extracts 587
loan to east west 340 not counting the other 95 thousand
total as of dec 31
total assets 1.796 thousand
current liabilities then..480 thousand
burn rate was 722 thousand per qtr
now you ask, as of march 31 or april 18 the numbers will
add up. figure burn rate , same 722 plus east west
deal of 200, plus few extra bucks for crada deal
so figure they use a million for the qtr
so about 3 million in cahs or little less.
now from three, next number down is two
its still enough to carry them out till end of year, with
new introductions.
introduction cost almost nothing to do.
the product, packaging and distribution is all ready paid for
in the sense of east west doing it.
advertising? peanuts to the aids community. magazines, local.
the product sells with the buying group encouragement and
resales are by word of users.nothing complicated. i have been
involved in hundreds of new product introductions over the
years.tis one is a piece of cake.
now all this has no efect on the stock price.
thats a whole different ball game of thoughts.,Grin
no what else do you need to know?
buy or sell? thats up to the individual
i passed that stage of thought , long ago.
those who are out will not buy,.
those who own can't wait to sell.
so it will be you and me and a few others left like hank and larry.
why? well we tend to be investors with different thought
process. no big deal, just that we based on postings have
a desire to play out the game or thread to the end.
the end/ its up to keith and travellers.
certainly not me..i am merely watching and looking.
i so know i won't sell and lose money.
i owned u..u.s.air. went from 30 to 7 to 27
i owned ibm from who know what , to 45 area to 140 area
i owned zitl from 5 to 75 to 14
the list goes on.
stocks go up they go down.
this one is down. is it out?
only will know over time |
