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Technology Stocks : Preference Technologies
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To: afrayem onigwecher who wrote (86)4/4/2000 10:46:00 PM
From: StockDung  Read Replies (1) of 460
 
We have incurred significant net losses and negative cash flows from operations
since our inception. At December 31, 1999, we had an accumulated deficit of
$8,360,743. These losses have been funded primarily through the issuance of our
equity securities. We intend to continue to invest heavily in marketing and
brand development, content enhancements, and technology and infrastructure
development. As a result, we believe that we will continue to incur net losses
and negative cash flows from operations for the foreseeable future. Moreover,
the rate at which these losses will be incurred may increase from current
levels.
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