Dominion Bridge Corp. (DBCO) Message Board

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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO)

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To: david james who wrote (437)	2/17/1998 8:51:00 PM
From: Chien Li	Read Replies (1) of 535

Read my post again, then you'll see that I don't disagree with you regarding the cash problem. My point is that if the Sanda cash has come in, then there is $16-$20 million new cash which would solve the cash problem. In addition, if we add $18 (between 16-20) million cash infusion to the total of $35.4 million (9/31)shareholder equity, that adds up to a new current shareholder equity that passes $52 million, the minimum requirement set by BNY. Possibly, then, DBCO can continue the credit facility with BNY.

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