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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security
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To: Robert who wrote (2063)11/26/1998 11:33:00 AM
From: TLWatson59  Read Replies (2) of 2534
 
Robert - I apologize: I thought you were aware of the great sales opportunities for technology in Slovakia. Let me quote some of the data from Wednesday's NY Times editorial"

"Recent parliamentary elections in Slovakia have freed the country from the heavy boot of Vladimir Meciar, its dominant figure since the end of Communism." Perhaps this tidbit is more enlightening: "Slovakia's health and education systems are bankrupt and its banks teetering. The Treasury is empty, in part because many of the state's factories were sold at fire sale prices to Mr. Meciar's party colleagues, which also kept foreign investment out."

But not to worry, since we have been told by ALYA not that long ago that the original contract worth $600,000 with the largest Slovakian utility company has been expanded.

I really look forward to seeing the auditors reports on how much of these funds from all of the deals announced over the past six months have made their way into the balance sheet. We all know that ALYA is not a qualified "reporting" company and so they are not subject to the deadlines established by the SEC and the NASDAQ but it would be nice to see how serious they are about keeping shareholders and the public informed by completing their audit by December 15th. This would fall within the guidelines of filing Year End statements no later than 45 days after the close of the period.
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