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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?


To: Pugs who wrote (3498)1/20/1998 6:09:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 5015
 
Pugs,I for one would like to say thanks. Your purpose of being here in the position of a nay has been of great service to me. It has forced me to reread the financials and rethink my investment in this company.
I can only see a tremendous improvement over the prior year in the operation of the company and personnel involved.The price has rebounded off it's recent lows of .12 and the future looks promissing..DD(Kudo's to you-perhaps you should take your own lead)



To: Pugs who wrote (3498)1/20/1998 6:13:00 PM
From: david m. uhler  Respond to of 5015
 
Dear Pugs

I agree about the news business. Most companies release when they need to. My guess is they are waiting for the right time. I would not expect to see anything until the next qtr report. It should speak volumes! We shall see.

Regards
Dave U

PS hey Kenny Been burning the midnight oil...knee deep in paper? I would but my eyes hurt....never would have made a good bean counter <VBG>



To: Pugs who wrote (3498)1/20/1998 6:35:00 PM
From: Ditchdigger  Respond to of 5015
 
It would seem to me that some of the immediate financial goals of the company have been met..
"Therefore, the Company deemed that it was more prudent to sell
certain assets that were not providing substantial benefit to the Company to satisfy some of its short term obligations. The Company has also utilized methods of more promptly collecting its receivables to satisfy outstanding obligations. The Company continues to negotiate for more favorable financing terms with certain lenders."
*********
"During September, 1997, Hibernia National Bank ("Hibernia") and
Larco Environmental Services, Inc. entered into an agreement whereby Hibernia agreed to allow Larco to place its debt with another institution on or before November 30, 1997 without further payment of a default interest rate or declaration of default. The current amount of debt due from Larco to Hibernia is $697,150. The Company believes that it will be able to place such debt with an alternative lender within a time frame which is acceptable to Hibernia."
**********
"LITTLE ROCK, Ark.--(BUSINESS WIRE)--Nov. 13, 1997-- Consolidated Eco-Systems, Inc. (OTC:EXSO - news), today announced that it had reached an agreement for the term payment of a
$3.8 million debt with American Physicians Service Group, Inc. (NASDAQ:AMPH - news;''APS'') of Austin, Tx.""

Comments?..DD IMO, the company has a plan,and is moving forward..one step at a time-now cash is the lifeline,wait for the 10-K. The company has very complete filings,not just a cover letter like many of these BBs(if your lucky enough to get one at all<vbg>)