Surgical Safety Products, Inc. OTC:BB SURG Message Board

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Microcap & Penny Stocks : Surgical Safety Products, Inc. OTC:BB SURG

SURG 2.420

-2.4%

Nov 7 9:30 AM EST

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To: REW who wrote (630)	6/14/1999 10:17:00 PM
From: cicak	of 707

Bob - <<They seem to have pursued the needed financing in a manner not harmful to the shareholder>> What specifically gave you this impression - please cite the SEC filing that validates your impression. This is from the 10QSB filed 5/24/99. quicken.elogic.com "At March 31, 1999, the Company is in a $0 cash position. Subsequent to March 31, 1999, receipts from the Company's self directed private placement have been used to fund operations and the Company has several other investors which have been committed but not reduced to writing as of this date." "Once the testing period is over, the Company will require between $2 and $5 million in additional capital in the form of debt or equity to fund the continued expansion of the OASiS system and its development to meet increased demand and to implement its plans for increased marketing of its medical device products. The Company has met with several venture capital firms, investment bankers, factoring companies and traditional lending sources, each of whom have expressed early interest and many of whom are awaiting the conclusion of the testing period. No definite offer has been accepted by the Company. There can be no assurance that such long term financing will be available to the Company or that it will be on terms which the Company may seek." Phil

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