Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: JustMy2Cents who wrote (2101)	11/25/1998 12:36:00 PM
From: Vegas	Read Replies (1) of 2278

Higlights: At present, Check Central production units are in development. Management anticipates release of these units in the fourth quarter of fiscal 1998. and The Company has determined that the AirLink system is not now market-ready; and the Company estimates that getting it market-ready will require an additional year of development and substantial resources. Going forward, the Company does not presently have the capital necessary to launch Check Central, and simultaneously continue to develop AirLink. Therefore, the Company has slowed the development of AirLink while it fully evaluates all of its alternatives, which could include raising additional capital specifically for AirLink, joint venturing with another company for its completion, or the possible sale of the technology. JF

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