ECO LOGIC had current assets of $3,596,476 (1997 - $9,682,639),
cash of $536,322 (1997 -$7,640,006), total assets of $11,002,958
(1997 -$25,449,716), current liabilities of $1,758,667 (1997 -
$3,046,502), long-term debt of $230,841 (1997 - $239,188), and
shareholders' equity of $9,013,450 (1997 - $22,164,026). ECO
LOGIC had 15,087,806 common shares issued and outstanding at
December 31, 1998 (1997 -14,787,806).
The company has once again dropped in value, and is almost out of money. Unfortunately at this price selling would only benefit my Broker...... Time to close everything in Canada, and move to Australia. There has seemed to be no interest here, and keeping the place open here just for the sake of the flag is foolishness. |
