Dale, you act like this is a surprise, we have all known for some time that the company had a substantial net loss coming for fiscal '97, remember the first 3 quarters were already known. Your post offered nothing, no insight, no news, no nothing. I am not suggesting that I like the fact that the company lost $2M for fiscal 97, however, this filing was nothing more than a formalization of what was already pretty much known. Fiscal '97 basically had no income other than Alamo and that was not likely to cover things, now was it?
For the rest, what Dale was referring to is the Audited yearly numbers for fiscal '97, as opposed to the 4th Q numbers we had been discussing. The yearly report is available on SEDAR. I have not had a chance to review the entire report. The report date was 19-Aug-98.
Wink, sounds like you're an accountant type, any comments.
Salut,
Leigh McBain
PS - please explain remarks, present substantiating documentation, etc. One line postings of the nature of the last one are pretty much useless. |
