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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: mr. campbell who wrote (4636)4/26/2000 7:49:00 PM
From: Michael Brandon  Read Replies (2) | Respond to of 5053
 
Hi Rob, thanks for the update. I'm curious about the $6M figure. Is that in $US? If so, I figure that would leave them with about $1.5M US reserve for expenses/overhead. Also, what was the tone of the meeting? Do they appear excited, worried, or non-chalant? Any word about Medsite or Elastic? I don't mean to bombard you with questions, just curious. Thanks! -Mike-

GUESSTIMATES:

$16,859,736 cash as of 12/31/1999
<$1,152,000> Note Payable 1/28/2000 for Enviromation
<$172,800> May, August, November Enviromation Qtrly Payments
<$2,175,000> 2/16/2000 Elastic Networks
<$725,000> 3/15/2000 Applied Data Systems
<$1,460,000> 4/26/2000 PinPoint
------------
$11,175,736 Canadian/$7,599,500 US
<$1.5M US Cash Reserve for overhead/operating expenses?>
----------------------------
$6M US available for investments?



To: mr. campbell who wrote (4636)4/27/2000 3:38:00 PM
From: Condor  Read Replies (1) | Respond to of 5053
 
Hi Rob,
Unfortunately missed you at the AGM, would have have enjoyed trading info with you. I met Pied Piper and we have a good chat. I was also able to attend VENgolds morning AGM.
I just got back. Its a 600 mile trip for me.
Regards
C