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To: johngmack who wrote (44021)12/21/2000 11:03:24 PM
From: REW  Read Replies (1) | Respond to of 44908
 
John, Jeff Bruss wasn't there. Scott Roix is in charge.
The question was presented about the breakeven point. Scott wouldn't give a difinitive answer but the indication I got was the expenses are being paid. It seemed from his explanation that there is a probability that profitability is here. I think he may have to see the December numbers to know for sure if Affinity is clearing enough to cover everyone's expenses. He seems to have confidence due to the fact he feels funding is not an immediate necessity.

It has been reported before that there are a few things happening that should give the company a return of capital. Affinity is making a change that brings back a deposit. Reliant owes a debt. Other changes that reduce expenses -- changing the phone service, for one.

The reporting of Affinity's audit will show their numbers. That should help to raise shareholder confidence if they are within the reported figures, especially if they happen to beat them.

The 4Q should be interesting.



To: johngmack who wrote (44021)12/22/2000 8:06:12 AM
From: Suzanne Newsome  Read Replies (1) | Respond to of 44908
 
John, it has appeared in PR's that Affinity will do over $25 million in revenue in 2000. A chunk does fall to the bottom line. I "suspicion" that is where the money to cover expenses is coming from. I know, a novel concept. We will have to get used to it. Welcome back. Regards, Suzanne