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Technology Stocks : Canadian Aerospace Group - CASG OTC-BB

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To: shearson who wrote ()8/26/1999 11:04:00 AM
From: Martin Marino  Read Replies (1) of 52
 
Does anyone have answers to the following. To date, I have been unable to get a response from the company.

1. How much of the money from Aardvark has been advanced? If not all, what conditions apply to release and have conditions been met?

2. Are the funds sufficient to meet all working capital needs for the next year (ie to meet all the outstanding orders) or will additional financing be
required.

3. What are the terms of the financing. Is interest payable? Is conversion to equity mandatory? At what conversion rates and when?

4. When will financial statements be released to shareholders?

5. Is production proceeding on schedule or are delays likely?

Thanks
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