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Microcap & Penny Stocks : ATTP Affordable telecom -- Ignore unavailable to you. Want to Upgrade?


To: LORD ERNIE who wrote (192)5/26/2000 12:56:00 PM
From: Brad  Respond to of 580
 
In case anyone missed it, ATTP said in the 10-K, "The assets of Beeper Boutique are valued at $1,460,000, and present the closing date is scheduled for May 31, 2000..."

ATTP has been meeting their deadlines for SEC filings and acquisitions so far. So we might see news early next week on this if they continue to meet their time schedule as they have.

The 10-K also said, "the current monthly revenues generated by Beeper Boutique are approximately $305,000 and its expenses are approximately $265,000. Further, the operations of Camera's Etc. generated a small positive cash flow of $2,000 per month."

That's a total of nearly $500,000 a year in positive cash flow if I have calculated that correctly.