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Microcap & Penny Stocks : IMES
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To: Thos who wrote (1514)3/23/1998 1:00:00 PM
From: Thos  Read Replies (1) of 1901
 
To All........

Correction of some numbers that went out that weren't up to date

The Trade Debt appears to be closer to $2.4mm - rather than the earlier number of $1.6mm

The figures being used by the bankruptcy court in Austin reflect total debt - including secured debt. Some of the trade debt, and possibly some of the other appears to be inflated. So say $5.5mm total outstanding debt, an appreciable amount of which is not current and due.
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