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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: StockDung who wrote (83579)3/18/2003 7:01:57 PM
From: Taki  Read Replies (2) of 122087
 
WEL=Unreal Truth.IMO it should be .20 max.The deep pockets are gona make good $$$$$$.
Shrs Out 44.86 Mil times now price of 1.90=Around $85 million company.LoL.
Negative shareholder equity.
The Company continues to experience severe working capital constraints. As of September 30, 2002, the Company's current assets totaled approximately $4,126,000 and current liabilities were $19,904,000, resulting in a net working capital deficit of approximately $15,778,000 (compared to a beginning year working capital of $3,285,000). The Company's highly liquid current assets, represented by cash of $127,000
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