HSS Hars Systems - Internet Travel Message Board

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Gold/Mining/Energy : HSS Hars Systems - Internet Travel

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To: keith massey who wrote ()	5/3/1999 10:01:00 PM
From: keith massey	of 127

Another aspect of the company that I like was their current financial situation. From the most current Sedar Report for the year ending Dec 31, 1998. Assets Cash and short-term investments - $1,065,000 Accounts Receivable - $1,980,624 Prepaid expenses - $148,510 Capital asset - $564,446 Total Assets - $3,758,817 (.25/share) In a recent news release they state that cash collection average less than 80 days so accounts receivable should be easily converted to cash. Total liabilities - $1,031,320 I have gone through the financials of most of the Internet companies presently in play and this is one of the healthiest ones I have seen so far. Best Regards KEITH

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