CBQI CBQ, Inc. .Investor Relations Message Board

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Strategies & Market Trends : CBQI CBQ, Inc. .Investor Relations

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To: Ga Bard who wrote (3)	8/24/2001 8:14:46 PM
From: Ga Bard	Read Replies (1) of 24

Q&A Hi Gary, Hope you had a great anniversary. I know you are quite busy but I did not see an “On Going Concern” or “Going Concern” this quarter in the filing. Does that mean they are fine now? It looks to me that without a “Going Concern” and the bank no longer in default, can they seek out solid financing to pursue the computer importing? I see where the outstanding increased to over 79 Million shares but I did not see where the company sold any shares. Did they sell any shares to get money to pay the bills? Also can you tell me if Bart will consider a reverse split? One last thing, Bart mentioned orders in the CNN interview, can you tell me anything on these orders? Thanks An "On Going Concern" is an auditors warning that is placed in the filing for investor to realize his concerns as to if the company can continue as a "Going Concern." That has not been in the last two 10Ks. As for the "Going Concern" that was put into the filing by Bart himself about CBQ's aggressive merger and acquisition program. Since it is not in the filing I guess Bart is comfortable. As far as the financing, CBQ is looking for solid financing that is not equity based or in anyway a "Pipe" type or financing that can harm the shareholders. The company does not have a financial default scenario and are paying the bills without selling stock. This should help with getting financing. The OS did increase by 1,755,087, which was 900,000 restricted I believe that was paid to settle a dispute and 855,087 restricted stock for preferred stock that one of the large shareholders who wanted to turn it into common stock at .25. The company did not receive any cash or funds for these two transactions. No stock was sold to fund the company or pay the bills. They used what cash they had from operations. Bart has stated numerous times there is not going to be a reverse split. He does not believe in them and feels they screw existing shareholders. They hardly ever work and he feels he will need the liquidity in the future. The stock has over 30M in the float and it is not liquid because the stock is held fairly tight by the existing shareholders. A smaller float would make it even more illiquid. As far as the orders, I will have to wait for Bart to release the specifics. CIIR cash & restricted stock :=) Gary Swancey

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