Thanks Dale, Accent Optical Technologies a WCAP recent investment looks good accentopto.com , cash flow from the SEC 10-Q reporting documents for WCAP are confusing to me. 2/3 of WCAP 's investments have already been discounted to $0 ?
Except from 11/13/2000 10-Q
Total shareholders' equity as of 9/20/2000
$82,801,369
WCAP market cap
$27,418,750
Accent Optical Technologies, Inc. Closes $15.9 Million Investment
BEND, OR, December 14, 2000 - Accent Optical Technologies, Inc., makers of process control and measurement tools for the optoelectronic, wireless, and silicon semiconductor industries, today announced the close of its second round of funding totaling $15.9 million. Robertson Stephens, Inc. acted as the sole placement agent for the financing.
Participants in this round of funding included iVisionary, MCP Global Limited, Mentmore Venture Partners, NetNet Ventures Fund, RS Coinvestment Fund, LLC, Tennyson Fund II, LLLP, and Winfield Capital Corp.
The net proceeds will be used to finance the development of the optoelectronic research and development center in Hemel Hempstead, England; to expand facilities in Korea, Taiwan and Japan; to retire debt; and as working capital.
"We are excited about having such prestigious investors onboard and their commitment to our company," stated Bruce Rhine, CEO, President and Chairman of Accent Optical Technologies, Inc.
Accent Optical Technologies, Inc. (www.accentopto.com) is a leading supplier of optoelectronic and silicon process control systems. The company's legacy dates backs over 300 years to its optical instrument manufacturing roots in York, England. It serves all leading manufacturers of VCSELs, HBTs and high electron mobility transistors and supplies optical CD measurement, thin film characterization and optical lithography feedback control systems to leading silicon device manufacturers. Accent Optical Technologies, a privately held company headquartered in Bend, Oregon, operates in 19 countries with more than 200 employees, including over 70 technologists. |
