ALYA Cost cutting system via software as well as security Message Board

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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

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To: TLWatson59 who wrote (932)	6/19/1998 9:15:00 PM
From: Claude Cormier	Read Replies (1) of 2534

<< The maximum amount of money ever to enter the books of ALYA from its inception in 1995 to March 31, 1998 was $426,084. >> And where is the problem. Many software company went the same route. I can tell my own experience when I developed a commercial sotfware 10 years ago and was giving literally my time for free. I needed very little $$ to pay for my living expenses, production software and computers. All went progressively. You can be sure that if I had gone public with this, I would have issued quite a few million shares to my associate and myself. I know here in Quebec a sotfware company marketing a Human Resources Package. They have sales now a bit larger than Alya has and they have been in business for only 4 years. Since I participate in the early days of this company and I know that the paid-in capital was much less than the $484K paid by Alya partners. But my friends certainly spend a lot of hours working on this HR System, working for free. And if they go public one day, you can bet that their capital will look similar to many start-up companies including Alya.

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