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Microcap & Penny Stocks : Big Contest -Who Wants To Try To Make $$$ Post Your Picks!

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To: Evan who wrote (136)4/12/2002 11:28:51 AM
From: Evan   of 163
 
BMKS sold ZOOM for 80% of the debt they owed on it, ZOOM could NOT have serviced it's debt? The new owner can survive the red ink while it turns around, BMKS could not. The business left is more less a cash business, renewals and new signups for mailstart and 50% cash with the order for machine sales. The only tricky thing they have left is to negotiate a way to deal with K-W machines debt that they can deal with out of current cash flow, I think they will be able to do this because it's in the best interest of both parties.
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