>>With all due respect, 'e,we', or should I say
>>'wee', perhaps you could excersise better
>>judgement and a little restraint before you
>>edit, and repost a company filing. We know
>>for sure of one investor who is 'outa here'
>>after deciding the company was on the verge
>>of bankruptcy after reading your post. Nice work.
It appears you are referring to your post #4059 Message 13788591 of which, refers to our post 4052 Message 13779588
Mr. Jordan, with all due respect, our post accurately, precisely, accountably and responsibly represents what management has allegedly failed to [formally as in full timely disclosure] disclose to their shareholders viz a viz
"...The existing sources of liquidity and cash generated from the Company's operations will not be sufficient to meet its current capital expenditure, working capital and other cash requirements, currently estimated to be approximately $10 million. The Company is currently in the process of seeking additional debt and equity financing...If the Company cannot raise funds on acceptable terms, it may not be able to continue as a viable operating company..."[3.]
[3.] Source: MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS accompanying said 4 May 2000 NewKidCo Annual Information Form.
Mr. Jordan, the "..." is a Strunk & White et al universal grammatical protocol which simply means there is passage between said "...", of which, contains all the other information you appear to want to hang your hat on. That is your shareholder due process right. The bottomline is NewKidCo management has advised their shareholders in said 4 May 2000 MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS accompanying said 4 May 2000 NewKidCo Annual Information Form that "...The existing sources of liquidity and cash generated from the Company's operations will not be sufficient to meet its current capital expenditure, working capital and other cash requirements, currently estimated to be approximately $10 million. The Company is currently in the process of seeking additional debt and equity financing...If the Company cannot raise funds on acceptable terms, it may not be able to continue as a viable operating company..."
Mr. Jordan, this is in NewKidCo management's own words, not esecurities corporations'.
1 + 1 = 2 no matter how one gets there Mr. Jordan.
If an investor is now 'outa here' we are confident it is because of NewKidCo management's performance viz a viz consistent patterns of shareholder value destruction and or failure to create sustained shareholder value. Furthermore, said alleged 'outa here' investor is simply now in a postion to purchase said alleged sold shares back at a lower price.
Respectfully,
/s/esecurities corporation |
