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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Haggerman who wrote (195)4/27/1998 4:25:00 PM
From: Barbara Haggerman  Read Replies (1) | Respond to of 6039
 
One of the ladies has brought something to our attention that is of concern. It is our understanding that CTI can not receive any funds from Ambient Capital until the company is fully reporting. These clinical trials take money to keep them going and it doesn't appear that the company has that much money on their books at this time. We have no idea how much money they are spending on a monthly basis but it is our guess that they must be getting close to needing additional capital.If anyone has any insight on this issue we would like to know.

It would appear that becoming fully reporting is in fact a very big issue for the company right now. Once they receive approval from the SEC then they can get their funding from Ambient Capital and this whole point is taken care of. We are not trying to throw cold water on the company but it is our stance that you need to be constantly alert where your investments are concerned.

This will be the last day that I will be posting for a couple of months as I mentioned earlier, hopefully you will see post from some of the other ladies very soon.

Barbara