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Gold/Mining/Energy : International Canalaska (V.ICA) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Douglas Hickey who wrote (854)11/10/1999 11:46:00 PM
From: TheBare  Read Replies (1) | Respond to of 891
 
Mr. Hickey,

If you could be so kind and give us all an update
on the ICA-ECOM happenings. I have concern that
your move into the IT or E-com world is being done
with very little cash. Could you explain where
you plan to get more $$ (ie. are we looking forward
to a consolidation followed by a dilution?). IMHO, a
stacked board of directors or panel of IT gurus
(like you are building) cannot work well with a limited
budget.

Or, are ICA's plans to invest < $1 million dollars
into each venture (probably even less than that).
This would imply a very high risk since we are looking
at companies or ideas that are very early in their
development cycle.

Thanks in advance.