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Technology Stocks : Avalon Group, Inc.

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To: Madeleine Harrison who wrote (535)7/31/1998 12:03:00 PM
From: equalizzer   of 1530
 
Thankyou. I have been able to collect up more information. I see the company did a 504 consisting of a share plus 2 warrants in June of 1997. I presume they were successful in raising the $1,000,000. Analyzing the financial data and burn rate I would predict the company is out of money. How do they plan to maintain operations? I also see they represent themselves as a publisher. However I see no publications just the XPO. Has the company changed directions? If so are they relying solely on the XPO? I am doing my due diligence now and like to have a full deck of cards when asked to look at a company. Thanks.
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