Net increase (decrease) in cash and cash equivalents
First 6 months of 99 versus first 6 months 0f 98
99 98
204,539 (475,788)
Cash and cash equivalents, beginning of period
825,255 1,433,861
----------- -----------
Cash and cash equivalents, end of period
1,029,794 958,073
=========== ===========
The company during the last 6 months finally started
to show positive cash flow.
During the next qtr, we will have a clean balance sheet
with the cash that was held in reserve shifted to cash
and cash equivalents on hand.
Ahhto,
When I talked to the company two weeks ago, I received
confirmation that the company has slightly over 5 million
in cash and almost no debt.
Waiting to see how revenue is improving and how the company's new products and upgrades are coming.
DC
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