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Microcap & Penny Stocks : ANTs SOFTWARE.COM (ANTS)

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To: purecntry5 who wrote (384)7/30/2000 10:39:22 PM
From: purecntry5   of 607
 
Excerpts from the ANTS comedy ...

The Company has not realized any revenues to date,

Our goals are as follows: first, secure beta testing relationships with several Fortune 500 organizations in the first half of calendar year 2001. Second, to bring ANTs technology to commercial availability by the second half of calendar year 2001. And finally, to position the company to be cash flow positive by 2002

ANTs is currently in the late stages of a convertible debt financing round that the Company expects to close shortly. The proceeds will be used primarily in advancing the Company's technology toward commercial availability. ANTs anticipates that its present cash resources and this round of financing will sustain operations into the fourth quarter of this calendar year. The Company plans to seek further debt and equity financing to bring the first phase of its software to market.

Accumulated deficit (9,136,127)

biz.yahoo.com
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