Saflink Corp. (ESAF) Biometric Software Provider Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GoingHikin who wrote (2447)	12/3/1997 8:44:00 PM
From: brad greene	Read Replies (2) of 4676

DLevitt, Go for it, Man.....Buy this baby with every last cent you can scrape up. Take a look at the accounting.....your idea about the Pref.Div......... If this where true the $980,000 would show up as an adjustment on the Statement of Cash Flows. The Statement of Cash Flows reconciles the Net loss of $5,548,000 to the actual change in cash by adjusting out non-cash items. look at NRID's 9/30/97 10-Q and there is no $980,000 adjustment which means that they realy did pay the $980,000 out in cash. What you may have here is, in fact, a company that is in trouble and will have no choice but to reverse and raise capital........and still will owe Cogent 10 million dollars in a couple of years........Bolt to Lucent?...No way......Here comes Judge Judy! bg ps. Lots of threadsters here said there was no way that NRID would ever go under $1.00.......It is now closing in on a quarter. Danger.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next