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


To: Mary A Young who wrote (776)4/29/1998 1:27:00 PM
From: peter michaelson  Respond to of 2911
 
Thanks, Mary.

The question was addressed to Sandra because she replied to my earlier question. I am glad you repsonded - and so quickly too!

What does "I come from the Cymedix side of the investment" mean? Do you have a direct relationship with the company.

Thanks, peter



To: Mary A Young who wrote (776)4/29/1998 1:42:00 PM
From: Mary A Young  Respond to of 2911
 
As I said before, I come to this investment and out of lurking mode on this board as a Cymedix investor. I invested in Cymedix a year ago while it was still developing its product. Now I am a happy MDIX holder with a lot of excitement.

Biotechs absorb their losses in development and this is really what Cymedix has done......

To better explain the debt issue. That 3.5 million debt is as I said, receivables financing.....and that is reduced as the receivables come in. Those receivables are the security for the credit. The worst MDIX can come out of this is break-even. If the receivables pay off more than the debt, then MDIX has a windfall. And that's called profit.

Not to worry, though....the full pipeline is also going to help us all profit even more.