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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!
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To: Michael Olds who wrote (4157)8/14/2001 9:04:28 AM
From: scrooge  Read Replies (1) of 4169
 
"The Company has experienced a material decline in its liquidity which has required it to restructure or discontinue certain of its businesses. The Company is actively attempting to accelerate receipt of royalty income to fund its operating costs and to satisfy its debt service obligations. The Company is seeking to raise additional liquidity by restructuring debt service to allow additional time for its continuing operations to generate positive cash flow. There can be no assurance as to the Company's ability to achieve the foregoing which will be necessary for it to continue as a going concern."

But then, we all knew that.

Live and (hopefully) learn
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