Sanctuary Woods recent sale, should you own the stock? Message Board

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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Bart Sampson who wrote (126)	2/19/1997 5:25:00 PM
From: Kent Kuo	of 341

Hi Bart! You are correct....these losses are a definite drain on the new investments. I'm not sure how the three or ten for one reverse stock split is going to improve things if you can't improve sales. What I need to research is why the deficit went up so much in one quarter. Last quarter, they reported $490K deficit. Why did this one climb to $1.5M? How have their expenses increased by so much when they laid off even more of their 42 employees... How did their sales do? Where do they go from here? Thoughts? Thanks, Kent.

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