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Gold/Mining/Energy : Nuvo Research Inc
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To: Joe Krupa who wrote (6824)2/26/2001 11:47:23 PM
From: Montana Wildhack  Read Replies (1) of 14101
 
Hi Joe,

I thought about it again and it does fall out one
way only.

and to prepare for North American launch

Either this is a throwaway comment, or they mean it
seriously.

If they mean it seriously and I'm quite sure they're
already living on the Provalis up front, then the 2.6
million they just got is really for next quarter's
expenses since the quarter ending Nov they needed 2.5
million in cash to fund the loss.

This would leave around 100,000 to prepare for North
American launch (give or take a million).

We've discussed Canada enough I hope that all of us know
your not launching in Canada on this kind of money. You
need sales people, sales management, marketing people,
literature, facilities, training. It's got to be a $5
million dollar investment.

Pennsaid sales while I love this company are not going to
be ramping up to $2.5 million/qtr to us immediately so not
only do we not have $5 million - we don't have enough for
the quarter after this one.

The only other possibility is US launch. That would cost
us (lets see..) nothing. In fact we would get a huge
chunk of money.

So that NR today either means nothing, or means the US.
It can't apply to Canada.

Either that or we're expecting the cash from our european
party. One way or the other there is external cash coming
our way.

Ok last possibility. Ms. Keeler has lost her mind. Now
that I've said it I've dispensed with it.

Wolf
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