Rande... being in the music business I would appreciate your take on
Spatializer Audio Laboratories (OTCBB: SPAZ), "a leading developer, licensor and marketer of next-generation technologies for the consumer electronics, computing and entertainment industries. The company's advanced audio technology is incorporated into consumer electronics audio, video and DVD products from global brand leaders including Toshiba,JVC,Panasonic, Hitachi, Sharp, Sanyo,Goldstar, Emerson, Zenith and Proton and in PC multimedia systems and peripherals from Compaq, AST, Dell, Gateway, Hewlett Packard, Fujitsu, Seiko-Epson, Nec, Micron and Labtec." Delisted from NASDAQ they seem to be in a turn around mode and as you can see have quite an impressive number of big name companies as clients. No long term debt and about 2M in short term. Cash starved of course and have had to issue Convertible Preferred Stock which is my main concern. Shares outstanding are 27.4M with a float of 19M. 25M in tax loss carry forwards. Would appreciate it if you would check out the 10Q, section (8), page 9, SALE OF PREFERRED STOCK and share your opinion on the terms and conditions. Oh yeah, closed friday at $0.67, 1,251,100 shares traded, up .02. finance.yahoo.com
Partial List of Clients:http://www.spatializer.com/OEM/Partners.html
Some Products With Spatizaler N-2-2 Virtual Surround Sound:
dvdshippers.com
earthstations.com
earthstations.com
Raging Bull Post regarding Potential Share Price:
ragingbull.com
Spatialzer 10Q: :http://aol.elogic.com/sec_grab.asp?ticker=SPAZ&faddr=edgar/data/890821/0000950150-99-000621.txt&fkey=0000950150-99-000621&ftype=10-Q
Raging Bull Message Board:
ragingbull.com
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