Toups Technology Licensing, Inc (TOUP) Message Board

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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: attaboy who wrote (115)	11/20/1998 4:23:00 PM
From: Andrew H	Read Replies (1) of 317

Anyone notice the 10Q? sec.yahoo.com Looking pretty good for a startup OTCBB! They had their first profitable month. And seem to be making excellent progress in commercializing their various technologies. >>As a result of these activities, the Company had a 1998 third quarter operating loss of $206,757, an increase from an operating loss of $15,338 for the same period of 1997. For the month of September, 1998, however the Company showed its first profitable month of operations with a profit of $63,812. Interest income during the third quarter period was generated from excess cash balances resulting from the Company's private common stock offering during 1998. As of September 31, 1998, the Company has two Letters of Intent for open purchase orders for 630 BORS Lifts with a minimum purchase of 250 units in 1998, 200 during 1999, and 180 during 2000. The BORS Lift end-user price is $15,000 per unit. The Company has built its monthly production capacity to 100 units in-house and has the ability to further increase production through additional manufacturing shifts and vendor outsourcing. The Company has entered into Letters of Intent or is negotiating for licensing fee arrangements for its other technologies including AquaFuel, SSTP, and Tunnel-Bats. The Company expects to generate revenues from these activities in the fourth quarter of 1998.<<

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