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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (1380)9/4/2001 7:04:11 PM
From: ralfph  Read Replies (3) of 8273
 
Check this little tag from WRM


General and administrative expense increased by $637,000 or 117 per cent in the three months ended
June 30, 2001, compared with the same period of 2000 mostly due to increased investor relations
activities.

I am not so sure I would want to invest in a company with these kinds of burn rates. WRM is being set up for a classic Rah Rah push but where when and how feeble it will be is anybody's guess. A burn rate of 2 and a half million per year on investor relations.... just send me the friggin cash.

First day back at work.

UG what a shock.

regards
ralfphie
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