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To: rrufff who wrote (3295)3/17/2000 12:30:00 PM
From: rrufff  Read Replies (1) | Respond to of 6847
 
As long as Auric is posting from the filing, perhaps he should have posted this. Filings are legal documents, accountants and management have to cover their posteriors.

"Management is currently exploring financing alternatives to supplement the Company's cash position. Potential sources of additional financing include private equity financings, mergers, strategic investments, strategic partnerships or various forms of debt financings. If additional funds are raised by the Company through the issuance of equity securities, the percentage of ownership of the then current stockholders of the Company will be reduced. The Company's management believes that the combination of cash on hand, operating cash flow, and outside funding will provide sufficient liquidity to meet the Company's cash requirements until at least March 2001. However, there can be no assurance that the Company can or will obtain sufficient funds from operations or from closing additional financings on terms acceptable to the Company. "