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Microcap & Penny Stocks : Star Technology STRR -- Ignore unavailable to you. Want to Upgrade?


To: Crueldog who wrote (702)5/16/1998 5:42:00 PM
From: Robert Marzullo  Read Replies (1) | Respond to of 872
 
Just Curious,

John you mentioned that they might have to tap into a line of credit.

If so will this create shareholder dilution?

Secondly do they still have cash left from the law suit money they received last year?
Bob

P.S. Take it easy on Arthur- I've own stock where management claim great potential only to fizzle into a bottomless pit sucking in investors money.

The key and the most important,I agree with you, is NOT delisting. It's keeping the company running with min. share dilutions.

It's going be tough race if the leak isn't plug.



To: Crueldog who wrote (702)5/17/1998 9:30:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 872
 
Thank you, Mr. turner. If you know STRR's balance sheet then you can post some more foolishness. Another quarter of $900,000 losses will put STRR into bankruptcy if not already ready to file.. You never run a company, so you would not know. Foolishness about personal attack will not change the financial problems that STRR has or will have.

Blame it on everyone, but you did not want people to know the $5 million losses that Powerscan had. They are running at the same rate, now. This company is gone.

Delisting is not about more than one month above $1/share stock price. It is about balance sheet net asset becoming negative.