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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: paulmcg0 who wrote (10284)12/30/1999 5:03:00 PM
From: Little Engine  Read Replies (2) of 10343
 
Paul, it's on Freedgar:http://www.freedgar.com/Search/ViewFilings.asp?CIK=922913&Directory=943440&Year=99&SECIndex=145&Extension=.tst&PathFlag=0&TextFileSize=127425&SFType=&SDFiled=&DateFiled=12/30/99&SourcePage=FilingsResults&UseFrame=1&OEMSource=&FormType=10SB12G&CompanyName=INFOCALL+COMMUNICATIONS+CORP

They've filed, as bare bones and scary looking as it is. $392,701 over past nine months in revenues offset by over $1 million in cost of revenues and other expenses. Kind of hard to make money like that.

They still talk a good game, mentioning millions of dollars in future revenues, as they always do. A lot of talk about going into the PEO business, which offers razor-thin margins. Not sure I see the point, except that the "revenues" generated by such an operation might look good on paper.

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