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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Ruyi who wrote (25181)4/23/1999 8:46:00 PM
From: Chuck  Read Replies (1) of 37507
 
When I started my business 15 years ago, for the first 2 years I sold my goods and services at cost and below cost just to get the name out. We depleted a lot of funds but it was the only way to get people to try our service. This is normal practice in every business startup. If you look at Cash Flow Projections of new startups, you will see a deficit for at least the first 3 years. Business people, lenders, lending instituions and investors all know this.
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