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Technology Stocks : BIFS ... Patented Environmental Cleanup and Low Float Co. -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (278)	3/31/2001 3:13:34 PM
From: scion	Read Replies (1) \| Respond to of 381

B. Liquidity and Capital Resources During the past three fiscal years, the Company has financed its operations primarily through cash provided through various short and long term credit facilities and through the private sale of its common stock. The Company, until acquisition of the Technology Group including Beach Access.Net, was in a development stage and did not have any revenues. For the nine months ended September 30, 2000, the Company reflected total revenues of $288,623. The Company received approximately $1,250,000 from the sale of stock since 1999. The Company's management believes that sufficient funds will be raised from future operations to minimize the need for future equity capitalization. secinfo.com