Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: Kevin Clarke who wrote (2433)	12/31/1998 5:39:00 PM
From: StockDung	Read Replies (1) of 3693

how about this news from Woods SEC form 10QSB. Based upon existing orders and planned shipping the projection for the entire fiscal year appears profitable. November 14, 1997 MADERA INTERNATIONAL INC (WOOD) Quarterly Report (SEC form 10QSB) MANAGEMENT' S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Management believes that the Company's working capital resources and anticipated cash flow from timber sales will be sufficient to support operations during the year ending March 31, 1998. Results of Operations: During the six months ended September 30, 1997, the Company's sales efforts resulted in increased orders for its hardwoods coupled with increased sales. The Company achieved profitability of $315,000 for the six month period and $451,000 for the quarter. The Company continues to direct funds toward the accumulation of inventory and the procurement of sales. Based upon existing orders and planned shipping the projection for the entire fiscal year appears profitable.

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