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Microcap & Penny Stocks : Amplidyne, AMPD

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To: charger who wrote (41)9/9/1999 11:37:00 PM
From: Ken W  Read Replies (1) of 538
 
charger:

Now that is funny!!! AMZN has two things going that AMPD does not.....A salable product and customers!!

Could you please direct me to where either are with AMPD? In reading the 10k all I can find is shipping 1MM worth of prototypes to Europe and Korea. "Major OEM" is quoted many times but no mention of any names of who they are selling too. Losses continue to mount while SG&A continue to rise or hold steady in the 60 to 70% range. R & D are 50% of rev's. Oh yeah, Cash? There is enough left from the IPO and the private (March of 99) placement (convertible) to continue for 12 months, then they have to go looking for credit. WOW, this is Xmas!

Ken
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