Forecross Corporation : Y/2000 Message Board

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Technology Stocks : Forecross Corporation : Y/2000

FRXX 0.000400

+100.0%

Mar 7 3:00 PM EST

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To: AD who wrote (845)	4/7/1998 3:26:00 PM
From: Richard Moore	Read Replies (4) of 1654

It seems like Forecross will be in receivership soon, based on last financial statements  all their receivables to third parties have been factored at 24%  they have no cash, and current liabilities near three million  they are now borrowing from directors at 24%  they lose money every quarter and year 2000 is coming up fast  the auditors have qualified their audit on the company report, saying company is not a going concern, which kills any listing in the U.S. With 12,000,000 shares out there, why is this company worth $150,000,000? Something funny must be going on in the trading?

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