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Microcap & Penny Stocks : HITSGALORE.COM (HITT)
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To: dumbmoney who wrote (3462)8/16/1999 7:34:00 PM
From: Tom Terf  Read Replies (1) of 7056
 
They already said LFT will pay in 12 months after the Local Edition revenue has been billed. So don't expect any cashflow improvement. They don't take in a lot of cash, nor do they spend much either. That's one way of not losing money, or as they like to say, BEING PROFITABLE.

So, I think you may mean that you want to see the accounts receivable number. The A/R number can be expected to take a huge sequential percentage jump, commensurate with the jump in revenue derived from the LFT transactions during the quarter.

This trend should continue as LCEs continue to be completed
and are billed to HFT during the present timeframe.
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