SI
SI
discoversearch

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.
Biotech / Medical : Medical Technology Systems MSYS
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DJ Clancey who wrote (95)2/25/1998 6:07:00 PM
From: Dave B  Read Replies (1) of 139
 
Sounds like LifeServ is not standing on its own two feet yet, however things do sound optimistic.

I need to find out what is going on with the dispute with the bank over possible default on their repayment agreement.
That is the only concern I see at this point, mainly because of their low cash position.

If things continue to progress well at LifeServ, I wouldn't be surprised to see them sell the drug lab division to help improve their balance sheet(cash position). Of course they would have to be in a position to survive without it, which I don't think is the case yet.

Dave B
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News