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Microcap & Penny Stocks : lzmcf-lasermedia

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To: GARY P GROBBEL who wrote (15)3/11/1999 12:22:00 AM
From: Francois Goelo  Read Replies (2) of 274
 
Hello Gary, I am new to the thread and have a couple questions on financials...

1) Last "cash on hand" position was reported at about $98,000. How do they continue operating? Has there been a PP since?

2) I notice that EPS went from 11 cents in the 1997 Quarter ended 30 September to a loss of (13 cents) for the corresponding 1998 period. Do you know the reasons, besides development costs of the Web site?

Otherwise the Business Plan appears sound and the Web site looks good.

Regards, F. Goelo + + +
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