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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock -- Ignore unavailable to you. Want to Upgrade?


To: Leigh McBain who wrote (1077)1/5/1998 4:30:00 PM
From: Dennis (Hijacked)  Read Replies (1) | Respond to of 2011
 
Leigh et al:
Latest financials filed 31/12/97 for period ended 31/10/97 show:

Sales................. 949,122
(Plus some Royalties).

Operating Expenses.....2,173,953
Other Expenses 25,577

Net Loss for the period............... 1,249,872

Narrative filed with the statements (Schedule C) says that "the management view is materializing" with "higher sales to be reflected in the year-end statements...."
I guess that means we wait another quarter.
I would post the statements here but not too sure about how to drag those files here....I'll try later....but check that site that was mentioned a few posts earlier and just ask for Westrend info.
Good luck!
Dennis



To: Leigh McBain who wrote (1077)1/5/1998 5:07:00 PM
From: Dennis (Hijacked)  Read Replies (1) | Respond to of 2011
 
Leigh et al:

That site mentioned a few posts earlier (www.sedar.com) has all the info if you ask for Westrend filings (change the date FROM December 15, 1997 rather than leave it January 1, 1997).
Net loss of about $1.2 million, but management feels that they are on track and higher sales should be reflected in next quarter's reports.
Have a look at the last 3 filings... 2 in WP and last in WORD. I'd post them here but not a pro at that yet!!!
Dennis