NORRIS COMM - Flash Disk OS Message Board

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To: Starlight who wrote (328)	12/6/1996 3:40:00 PM
From: Christopher Gates	of 523

A few thoughts to add to Betty's: The OEM agreement with Sanyo is contributing $105,000/month. This is for only the UK and Ireland. The branch out into Germany should add to this. I don't know much about Voice IT but their stock price is around $1.00 so it does not sound like this will solve all the problems. If anything this should be a good reason/exuse for losses for another year. I hope this is not the truth. No more OEM's signed yet. When? Who knows. I wish they would have talked a little more about cash flow and if the company is going to make it as a going concern. Bob stated that they were on the brink of bancruptcy SIX times in the last 12 months. Nice to see the cash flow from Sanyo. Inventory has decreased from 20,000 units to 10,000 units in the last 12 months, more cash flow.

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