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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Montana Wildhack who wrote (12071)2/4/2003 9:50:58 PM
From: Tom Johnson  Read Replies (1) | Respond to of 14101
 
As usual; thorough, with the depth we've come to expect. Thanks Wolf, I needed that! (And so do I suspect, did many others).



To: Montana Wildhack who wrote (12071)2/5/2003 11:10:07 PM
From: twentyfirstcenturyfox  Read Replies (1) | Respond to of 14101
 
Wolf, thanks for a well thought out post.
1. I don't know much about the rights process. You seem to have a decent grasp. In your opinion, will the date of record be a date out in the future, or, do you think it a date which has passed? I ask because my thinking is; how do I contribute to the companys capital needs? I do not want to invest any more funds in this company. So, I sell stock to the market and buy stock back from the company, using my rights, in a ratio of 4 rights for every share I buy. That gives the company fresh capital, which it appears to definitely needs.
2. You said <In my opinion then as at January 31 there is approximately $1,222 US in interim financing of some type which will become evident on the Feb 28 statements.>
I assume you mean she must have generated cash internally, out of working capital. Any logical alternatives that I can think of, would have required a NR. Never a dull moment with this company! Fox.