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Non-Tech : NORE - High Tech Bingo Equipment - Online Bingo
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To: Amigo Mike who wrote (7501)9/22/2000 4:35:43 PM
From: Elizabeth A Rice  Read Replies (2) of 7701
 
Amigo Mike...here is excerpt from last PR:

Regarding this effort Mr. Csurgo added, ``NorAm will be working closely with Equity Capital Management, Inc. to raise capital for mergers, acquisitions and operating expenses. As a managing partner of ECM, I am convinced that ECM's talented people and contacts can assist NorAm immeasurably in the accomplishment of their goals. The need for capital is present in virtually every commercial enterprise and NorAm is no exception. Our choices to acquire capital will require us to take on Debt or offer a position in Equity. It is our plan to be extremely cautious and prudent in making that decision. We will take on Debt where possible and resort to Equity only when necessary. The Company will always look for the best terms and conditions to acquire funding as it continues to expand.''
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