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Technology Stocks : OSFT - Objectsoft

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To: BigWave Dave who wrote (498)5/17/1999 8:44:00 PM
From: Doc Horror  Read Replies (1) of 694
 
10Q filed ....

Here's a couple things that I find of particular interest:

Significant shipments of FastTake began in April, 1999, which are not reflected in these financial statements

Research and development expenses decreased by $68,429 or 46% to $78,911 for the three months ended March 31, 1999
from $147,340 for the three months ended March 31, 1998, due to a decrease in personnel devoted to research and
development in connection with the Company's expansion into San Francisco, which was terminated in March,1999.

The Company expects to fund the deployment of additional FastTake and other kiosks, and make kiosk related acquisitions,
from available working capital and from funds that will be derived from future operating revenues.


I didn't have time to look thru the whole thing so if anyone else has anything to add, please feel free to do so ...

GO RED WINGS !!!!! :o)
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