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Microcap & Penny Stocks : ARXA International (ARXA): Rapid Expansion imminent!!!!!!

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To: Charles Broderick who wrote (429)3/9/1999 2:10:00 PM
From: Think4Yourself  Read Replies (1) of 508
 
A paragraph from their latest 10K...

The Company's independent auditors have included an explanatory paragraph in their report on the Company's consolidated financial statements as of October 31, 1998 and the related consolidated statements of operations for the for the year ended October 31, 1998. "The Company had a net loss of $1,748,299 and negative cash flow from operations of $742,455 for the year ended October 31, 1998 and had an accumulated deficit of $3,195,016 at that date, WHICH RAISES SUBSTANTIAL DOUBT ABOUT ITS ABILITY TO CONTINUE AS A GOING CONCERN."

By the way, I reported you to the Webmistress for Spamming.

Have a nice day!!
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