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Microcap & Penny Stocks : USA Technologies

USAT 10.56

0.0%

Nov 3 4:00 PM EST

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To: tom virzi who wrote (187)	8/13/1998 9:33:00 AM
From: Jon Siegal	Read Replies (1) of 359

To Lyndall and Tom Lyndall - USA's stock transfer agent is American Stock Transfer & Trust...and yes Ernst & Young are still the auditors. If there is any change to the "going concerns" statement, I won't know about it until the new 10-K is filed. Tom - To answer your first question, I would state that the media is in fact picking up on it. The trade publications in the hotel industry are all over it. We have also gotten some "briefs" in such mainstream media as the USA Today (look at the Business Travel Today Section on the top of the Money page), NY Times, Philly Inquirer...However, the reason that we haven't seen larger "features" is because there are not enough locations yet to warrant coverage on a national basis...meaning until people in every major city have a few of these to look at...but we are getting there...from 100 locations to over 300 locations just in 1998 alone.

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