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To: Mr Metals who wrote (19149)	1/6/2000 2:03:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

RINT looks interesting, what info do you have other than the filing?

To: Mr Metals who wrote (19149)	1/6/2000 2:03:00 PM
From: ErnestPoe	Read Replies (1) \| Respond to of 150070

RINT Looks great here. Heard something bout a reverse merger. Thanks. Profile - Reality Interactive, Inc. (OTC BB:RINT.OB) As of 5-Jan-2000 Enter symbol: symbol lookup Get quotes, charts and research from any Web site with the Stock Market Toolbar. More Info: Quote \| News \| Profile \| SEC \| Financials Location Suite 121, 7887 Fuller Road Eden Prarie, MN 55344 Phone: (612) 253-4700 Fax: (612) 253-4747 Email: andyk@ry.com Employees as of 12/98: 11 Financial Links úTop Inst./M.Fund Holders úRaw SEC Filings Competitors: úSector: Technology úIndustry: Software & Programming Company Websites úHome Page úYahoo! Category úSearch Yahoo! for related links... Ownership ú Insider: 49% ú Institutional: 0% (0% of float) (one institution) Financial Summary Reality Interactive, Inc. develops technology-based knowledge solutions for the industrial marketplace. RINT has developed multimedia training products within the areas of international quality and management standards. For the nine months ended 9/99, revenues fell 59% to $254 thousand. Net loss before extraordinary item fell 57% to $612 thousand. Revenues reflect fewer sales opportunities. Lower loss reflects reduced personnel and reduced sales and travel expenses. Officers Paul J. Wendorff, Chmn./Pres./CEO Wesley W. Winnekins, CFO/CAO/Secy. Andrew R. Keith, VP. -------------------------------------------------------------------------------- More from Market Guide: Highlights -Performance - Ratio Comparisons Statistics at a Glance -- OTC BB:RINT.OB As of 5-Jan-2000 Price and Volume 52-Week Low on 3-Nov-1999 $0.03 Recent Price $0.105 52-Week High on 9-Nov-1999 $0.13 Beta N/A Daily Volume (3-month avg) 38.3K Daily Volume (10-day avg) 46.0K Stock Performance 13-Week Change +50.0% 13-Week Change relative to S&P500 +41.8% Share-Related Items Market Capitalization $491.0K Shares Outstanding 4.68M Float 2.40M LIQUIDITY AND CAPITAL RESOURCES The Company's cash and cash equivalents were $109,856 as of September 30, 1999, compared to $291,697 as of December 31, 1998. This decrease in cash and cash equivalents was due primarily to the net loss from operations. In connection with the sale of business assets, the Company entered into an Asset Purchase Agreement dated June 18, 1999 with VirtualFund.com, Inc. (the "Buyer"), whereby the Buyer agreed to purchase certain intellectual property assets owned by the Company for a price of $85,000. The Buyer agreed to provide loans to the Company up to the amount of the purchase price until the asset sale is approved by the Company's shareholders. Upon approval by the Company's shareholders, the loans advanced would be considered payment for the assets and all loans would be discharged and canceled. During the second and third quarters of 1999, the Buyer made loans to the Company of $70,000 and $15,000, respectively. In connection with a Special Meeting of Shareholders on August 17, 1999, the sale of assets to the Buyer was approved by shareholders, and the proceeds realized were treated as an extraordinary gain. See Item 4. "Submission of Matters to a Vote of Security Holders." During the third quarter of 1999, the Company obtained access to cash totaling $111,000, which previously was restricted by a letter of credit that secured a lease for the Company's business premises. In addition, the Company also realized cash totaling $28,814 during the quarter from sales of its computers and office furniture. To make changes, use the Back button on your browser, or press "Edit" Words that might be incorrectly spelled are highlighted in red. Your message has not been sent yet. Terms of Use Discussion \| People \| MetaCrawler Subject Titles Only Full-Text Messages with Links Got a comment, question or suggestion? Contact Silicon Investor.