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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (775)4/29/1998 1:01:00 PM
From: Mary A Young  Read Replies (2) | Respond to of 2911
 
I know that the question wasn't addressed to me, but I will let you know that I come from the Cymedix side of the investment.....

Cymedix is three years old and has gone through some losses that are often a part of being a young company. How many other companies do people invest in that have no earnings.

Actually there is a 3.5 million debt.....but those are receivables financing. When all of this shakes out you will see all of the $9 million from the sale plus fot receivables.....in their financial statement.

A windfall could happen.....I can't speculate on the amount....because I believe that there is a LOT, and I mean a LOT coming here.

Hang in there.... :)



To: peter michaelson who wrote (775)4/29/1998 1:10:00 PM
From: cool  Respond to of 2911
 
The value in MDIX are based on risk reward, great potential reward due to their internet medical software,
entering a market with great growth potential
very little current price/share downside risk.



To: peter michaelson who wrote (775)4/29/1998 1:21:00 PM
From: Sandra  Read Replies (2) | Respond to of 2911
 
Peter,
The $3.5 million debt is revolving receivables financing. There is no other
debt. There is will be no overhang. When the business sales are complete,
the company will be left with all of the $9 million from the sale, plus its
receivables for the first nine months of 1998. The debt will be extinguished
as the receivables are collected. The monies go directly to the bank. I
think there might even be a windfall because the receivables are actually 130%
of the debt. .

This information is true...draw your own conclusions. Im long and staying!

Sandra