Three Amigos Stock Thread Message Board

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sandra who wrote (5130)	5/25/1998 7:29:00 PM
From: Cary C	Read Replies (1) of 29382

DGIT...... 'm not saying anything about the convertibles . Here are some interesting comments from the recent quarterly. >>Based on management's current plans and forecasts, the Company believes that its existing sources of liquidity will satisfy the Company's projected working capital, capital lease and term loan commitments and other cash requirements through December 1998. To provide additional flexibility for growth and other general corporate purposes, however, the Company plans to raise additional capital in 1998. CERTAIN BUSINESS CONSIDERATIONS The Company's business is subject to the following risks in addition to those described elsewhere in this Form 10-Q. History of Losses; Future Operating Results Uncertain. The Company was founded in 1991 and has been unprofitable since its inception. The Company expects to continue to generate net losses for a minimum of the next twelve months. As of March 31, 1998, the Company's accumulated deficit from operations was $61.9 million. The Company has had difficulty in accurately forecasting its future sales and operating results due to its limited operating history. <<< I wonder what the company is going to do to raise capital in 1998? Cary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next