The Corporation's only other capital resources and possible sources of liquidity, are its royalty interest from the sale of Text Retrieval Systems, Inc., and the 1,687,000 shares of Ben Ezra Weinstein and Company, Inc. (BNEZ) common stock. No royalty payment is expected for the fiscal year ended 1998. The BNEZ common stock is eligible for sale and has a present market value of approximately $135,000 though the Company has no present intention to sell the BNEZ shares.
for this deal BNEZ gave them only 1 year restriction for the stock.
Although this was filed on April 15th, only 5 months ago, so who knows, why didn't this cat sell out????????? when he could at .50 cents.
PS. man, this other company has got some real problems, I wonder if BNEZ balance sheet and 10sb would look like this one "" If they ever became a reporting company "" NOTTTTTTTTTTTTTTTTTTTTTTTTT
IMHO
mitchell |