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Microcap & Penny Stocks : Emerging Company Report TV Program

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To: dbmedia who wrote (516)12/5/2002 6:51:01 PM
From: Ben Wa  Read Replies (1) of 526
 
One of the companies profiled by your firm, RICX in the September quarter reported a net loss of $265 thousand. Yet in the text of their Nov. 20th press release they say, "Our company is debt free, in the the black..."
I thought a loss of $265 thousand would mean being in the red. Can you explain the confusion. Thank you sir.
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