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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: pavlov 1 who wrote (41460)7/23/1999 3:21:00 PM
From: Alan Boyd  Read Replies (1) | Respond to of 122087
 
JUNI as of March 31 has only $20,000 in working capital, down from only $69,000 the year before from their 10QSB



To: pavlov 1 who wrote (41460)7/23/1999 3:22:00 PM
From: Alan Boyd  Respond to of 122087
 
JUNI has no lines of credit, and says they may not have the liquidity to continue operations for the rest of 1999:
The Company believes that it may not have sufficient liquidity to meet its
operating cash requirements for the current level of operations during the
remainder of 1999. The Company will require additional financing. There can be
no assurance that financing will be available, or if available, on terms
acceptable to the Company. If the Company is unable to fund its operating cash
flow needs, the Company may be required to substantially curtail operations.
The Company currently does not have any bank lines of credit.

quicken.elogic.com



To: pavlov 1 who wrote (41460)7/23/1999 3:29:00 PM
From: Alan Boyd  Read Replies (2) | Respond to of 122087
 
JUNI paying bills with stock too...
3/31/99 Officers 142,835 The President and CEO of the Company
accepted common stock in lieu of accrued
salary and other amounts owed to him in
the amount of $53,563. 4(2)
3/31/99 Vendors 126,254 Vendors accepted common stock in lieu of 4(2)
unpaid fees in the amount of $64,489.
3/31/99 Employees 50,667 An employee accepted common stock in lieu 4(2)
of accrued salary in the amount of $19,000.
3/31/99 Debentures 133,333 A debenture for $100,000 was converted to 4(2)
common stock
quicken.elogic.com



To: pavlov 1 who wrote (41460)7/23/1999 3:34:00 PM
From: pavlov 1  Read Replies (2) | Respond to of 122087
 
JUNI>>>SEC investigating their news release denying their investigation. They are getting into bigger and bigger trouble.