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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?

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To: Juli who wrote (332)8/10/1998 8:25:00 PM
From: Guildfin  Read Replies (1) of 520
 
Sorry Juli I haven't been able to get any info on profitablity on the games contracts. My guess on revenue is if 50 planes equiped with games brings in revenues of $20k then they just brought in another $10k with the last two contracts and I assume that any costs to maintain are loaded into the $350k a month burn rate. Zeev I have a question for you, I heard today that Nasdaq gives a company 1 year under a $1 before giving it the boot, can you confirm?
Also I heard that Singapore has indicated to IEL management that they plan on equiping 20 planes with gaming by year end, can anyone confirm? Stevenson is apperantly working flat out on the stock.
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