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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology
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To: Brasco One who wrote (1035)4/22/1999 8:55:00 PM
From: Roger A. Babb  Read Replies (1) of 1197
 
Donny, the payables will eat up a large chunk of the available cash. Given the continued ramp up of the fax service with no revenue, cash is probably continuing to declin in Q2. My guess (and it is only a guess) is that some sort of convertible financing or private placement is in the works to carry them through until the fax service begins to create significant revenue.
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