Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: James Harold Alton who wrote (5761)	5/15/1998 4:59:00 AM
From: Bruce Galpeer	Respond to of 19331

James, Found some things of interest on the 10-Q vs the 10-QSB for the first quarter. 1. Number of shares decreased by 109,000. 2. Total assets up by almost $3 million, mostly looks like intangibles. 3. Current liabilities dropped by 100k. 4. Long Term debt dropped by 160k. 5. Shareholders Equity up by $2.9 million. 6. Net sales down about 130k, assume this to be the backing out of R&D's numbers. 7. Income from operations up 85k. This set of 10's primarily deals with the backing out of R&D's numbers. We can see where R&D was a drain on DCI by how these numbers have been restated. On the restatement, there are some added items such as the sales being broken down so that Travel Source's numbers can be seen. Their is also a Pro Forma statement near the end as if CyberFax, DCI UK and CardCall had been totally accounted for on June 30, 1997. That's all for this morning, must try and get some sleep sometime. I will look at the other sets later to see what I can find. Bruce