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Microcap & Penny Stocks : SCTU - SC & T International Inc.

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To: Michelle H. who wrote (417)4/23/1998 1:42:00 PM
From: Comwiz III  Read Replies (1) of 741
 
Mitchelle, thanks for the link. The article mentions something about a voice recognition device, targeted at businesses. Does anyone know more information about it? The voice-recognition market is up-and-coming and a good product could really do well. It also mentions that last years loss was due to lagging product deliveries, which they have now cleared up by getting new manufacturing alliances. That means that if everything goes well, this christmas season should be pretty good for us. Lastly, the following surprised me, especially after Mr. Copland denied all the merger rumors:

"It is currently anticipated that the Company will require additional working capital to continue to fund its operations. Management intends to actively explore both debt and equity
financing as well as holding discussions with potential merging partners in order to obtain such debt or equity financing. There is no assurance that management will be able to obtain any such financing"

Anyone have any comments?
CM
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