TFRY (was FRYA) Tasty Fries, Inc. Message Board

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Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.

TFRY 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: StormRider who wrote (899)	8/29/1997 2:05:00 PM
From: Joe Griffin	of 2405

Yes! They plan to have the machine on display at the NAMA and another vending machine show. Financing still remains their #1 problem. They can not build the machines until they get more funding. The previously announced $4 M in funding allowed for only $1M every 60 days. FRYA received the first $1M in June but DID NOT receive the August funds. FRYA is still trying to negotiate to get the balance of the private commmitment along with other sources. The "tooling phase" is continuing as you noted! It doesn't appear that they will be producing product this year. Nothing has changed. The stock has sunk to $0.75/share now after the 1 for 10 reverse split. They will have to remedy this situation to meet the new NASDAQ requirement for $1 share price or be delisted.

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