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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)
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To: DR. MEADE who wrote (28106)5/18/1998 9:53:00 PM
From: Richard M. Smith  Read Replies (1) of 30240
 
DR. MEADE,

>>> I absolutely love it when everybody kicks
>>> the company. I just buy more at these ridiculously
>>> low levls. See all of you at 2.25 !

I just don't get one thing. Where is the money going
to come from to pay the $2.5 million in accounts payable
that SYCR owes? SYCR only has $500K in the bank and
$231K in receivables. Sales are a little under a $100K a month.
Alot of vendors are going to want their money real soon now,
where is going to come from?

All the above numbers come from the SYCR press release
of May 15, 1998:

biz.yahoo.com

Richard

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