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Microcap & Penny Stocks : AOXY, diverse,undiscovered in the investment community -- Ignore unavailable to you. Want to Upgrade?

To: Sprintcar who wrote (546)	10/30/1999 3:05:00 PM
From: Sprintcar	Respond to of 835

Working Capital Ratio 1999 vs. 1998 Total Current Assets 136,039. 62,200. Total Current Liabil 245,276. 209,276. Working Capital (109,237.) (147,076.) Working Capital Ratio (.55) (.30) A working capital ratio of at least 2 to 1 may be called the standard. Current ratio alone is by no means an adequate measure of short term credit position of a business, consideration must also be given to the distribution and movement of the current assets. Remember this business is in it's infancy and has shown improvement from the prior year. Acid Test Ratio 1999 vs. 1998 Cash 54,057. (56,835.) Net Receivables 75,223. 115,510. Total Quick Assets 129,380. 58,675. Total Current Liab. 245,276. 209,276. Acid Test Ratio (.53) (.28) An acid test ratio of at least 1 to 1 usually is regarded as desirable. However, the fact that a company has a 1to 1 acid test ratio is no positive evidence that it will be able to pay its current liabilities as they mature. Cash may be required for the payment of operating expenses or for other purposes, and the receivables may not become due before payment of current liabilities must be made. We must remember that this company is in it's infancy, a BB stock that is profitable, reporting, and has shown as demonstrated above an improvement from the prior year. sprintcar

To: Sprintcar who wrote (546)	10/31/1999 1:34:00 AM
From: SusieQ	Respond to of 835

Thank you Sprintcar, appreciate the time and effort. Definitely feel the same about the next financials. Looks like AOXY is headed in the right direction. Susie

To: Sprintcar who wrote (546)	10/31/1999 3:27:00 AM
From: Ga Bard	Respond to of 835

Sprint not many posters impress me because they never get a solid grip on the staus of the company by reading and analizing the information in the filings. These companies pay a lot of money to put out information so we can see exactly what is going on and use that information as a basis for our own speculation of what the company will do in the future. That is fundamental investing. The primary financial scenario I look for in a turn around is the forgiveness of debt. If someone is willing to accomplish that in some sort of agreement then it shows the company and the forgiver are serious about making the company work. I am start a summary on this stock. I have just about concluded my DD on it and verification in the industry. It appears they have no competition. It also appears to be a nitch in the trading shows which we all know are cash cows. :-) GB