Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: StockDung who wrote (2627)	1/3/1999 4:52:00 PM
From: Ditchdigger	Read Replies (2) of 3693

Are they buying back shares with money from private placements and equity conversion? They stated 98 financing was placed.. " The Registrant's working capital resources during the years ended March 31, 1997 and March 31, 1998 have been provided primarily from two sources: (1) the efforts of the Management of the Registrant in bringing capital to the Registrant through the use of Private Placements, as well as direct loans arranged by Management, and (2) equity conversions arranged by it's investment bankers. sec.yahoo.com That dog don't hunt either,actually something seems a "fowl"<g>..DD

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