GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.26

+0.9%

1:06 PM EST

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To: Frank McVerry who wrote (472)	11/25/1999 8:02:00 PM
From: Kevin Podsiadlik	Read Replies (1) of 495

<< ...yes, the company's value has still increased by $8M >> Whatever, I'd need to see the particulars of the option sale to comment further. << That means my final year-end estimate for GRIN's cash position, based on your scenario(reality) would now be $10.98M >> Okay, let's go back to the 10-Q. It states GRIN's cash position as being $280K as of 9/30. Are you trying to claim that GRIN's cash position will increase by $10.7M in Q4 (with no more than $3M in additional option sales), OR... does the $280K figure fail to accurately reflect GRIN's "cash position" as of 9/30, as you are choosing to define it?

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