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Non-Tech : Havana Republic (HVAR)

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To: Gravitar who wrote (546)5/13/1999 9:23:00 PM
From: DSPetry   of 686
 
freedgar.com

Some of the Highlights....
The Company is also constructing a fully interactive E-commerce site which will be operational in June, 1999.

The Company believes that it has sufficient liquidity to meet all of its cash requirements for the next 12 months and that subsequent store and distribution sales would provide sufficient cash flows to meet their operating needs and grow its regional market share. The Company believes, however, that additional funding will be necessary to expand into markets outside of South Florida.

Net sales for the nine months ended March 31, 1999 were $901,000, an increase of 93% as compared to sales for the nine months ended March 31, 1998 which were $466,000.

Looks good :)
Dave
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