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Microcap & Penny Stocks : SLS Industries (SLSI) Info (Hold the explosions, please)

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To: Hubert Few who wrote (4)8/13/1998 11:02:00 PM
From: crj_  Read Replies (2) of 37
 
Going Concern

As far as the "Going Concern" clause, that is pretty much
boiler plate accountant talk for any company which is
struggling financially.

Note that the report was for 1997, and they are still here.

They have convinced some contract manufacturer to
build these ballasts for them. So, they appear to have
had enough resources to get the initial product out the
door. With product in hand, if it really works, they should
have no problem securing further capital.
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