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Microcap & Penny Stocks : SVCDQ, temporary board?

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To: Arthur Tang who wrote ()1/20/2000 5:21:00 AM
From: Arthur Tang  Read Replies (1) of 66
 
The purpose of this board is to do business consulting at arms length to the management of SVCDQ to guide them out of chapter11. It is not going to be easy.

Discussions will be in terms of business direction and purpose. Growth, traffic, gross margin, asset appreciation are all interesting projects. Whether the SVCDQ will listen or not, we can never be sure. But at least, we have a voice as stockholders.

In chapter 11, the management has to make sure the vendors get paid in time to avoid automatic chapter 7 ending. Therefore, no expenses, not related to direct profits, can be planned. Only merchandises can be purchased, and with earnings in mind. Belts have to be tightened on all other expenses. Traffic and more revenue should be worked out with store displays without extra expenses.

Good Luck, management.
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