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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF -- Ignore unavailable to you. Want to Upgrade?


To: Digital-Fluid.com who wrote (1745)11/24/1999 10:45:00 AM
From: CocoBob  Respond to of 2082
 
Next Q is what I'm waiting for - it will be good as it will have royalties from recent signed agreements and will definetely allow us to do projections on how high this rocket can fly. It's presently got deals on 2 platforms - will appear on several more in the next 4 months according to PR (which means alot of deals - each platform offers many oems to individual manufacturers) and goal is 30 platform possibilities. LONG.



To: Digital-Fluid.com who wrote (1745)11/24/1999 11:25:00 PM
From: Digital-Fluid.com  Read Replies (2) | Respond to of 2082
 
Cash crisis?

As posted on another board, Zi has had negative cash flow from operations for each of the last four years. It only had C$1 million cash left at the beginning of this year. With a year-to-date loss of C$3.8 million, how much cash does Zi have left? How can they afford the planned doubling of employees within the next six months?

CASH
Dec. 31, 1996 - C$8,985,338
Dec. 31, 1997 - C$2,154,253
Dec. 31, 1998 - C$1,049,847
Dec. 31, 1999 - 0?