Hi Rob, thanks for the update. I'm curious about the $6M figure. Is that in $US? If so, I figure that would leave them with about $1.5M US reserve for expenses/overhead. Also, what was the tone of the meeting? Do they appear excited, worried, or non-chalant? Any word about Medsite or Elastic? I don't mean to bombard you with questions, just curious. Thanks! -Mike-
GUESSTIMATES:
$16,859,736 cash as of 12/31/1999
<$1,152,000> Note Payable 1/28/2000 for Enviromation
<$172,800> May, August, November Enviromation Qtrly Payments
<$2,175,000> 2/16/2000 Elastic Networks
<$725,000> 3/15/2000 Applied Data Systems
<$1,460,000> 4/26/2000 PinPoint
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$11,175,736 Canadian/$7,599,500 US
<$1.5M US Cash Reserve for overhead/operating expenses?>
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$6M US available for investments? |
