SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BlueCheap who wrote (2865)8/12/1999 11:41:00 PM
From: Curtis Frazier   of 2911
 
Management's Discussion and Analysis of Financial Condition and Results of Operations
Overview

The Company's revenues are provided primarily from its supplemental staffing of therapy and nursing professionals. The Company intends to dispose of its supplemental staffing business if an adequate price is offered. Until such a sale occurs, and if the Company's projections for the supplemental staffing portion of its business are met, such business should provide adequate cash flow to fund the operation of such portion of the Company's business for the next twelve months.

The Company's medical information software business (Cymedix) will require adequate funding in order to continue its efforts to bring its products to market. Such funding is not currently secured. If the Company sells its supplemental healthcare staffing business, the proceeds of such sale will not be sufficient to fund the shortfall in the currently budgeted Cymedix operations for the next twelve months. The Company will attempt to fund Cymedix's development through raising capital in the private debt or equity markets. The Company may not be successful in raising such capital. In which case, the continued operation of the Company as a going concern would be doubtful.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News