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 : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: James Wright who wrote (2631)	6/27/1998 10:58:00 AM
From: Ditchdigger	Respond to of 3563

Jim as far as the inside trading. Molly is a widower who apparently has many charitable interests. We all have known she would be selling for quite some time(she owns about 25% of the outstanding shares). The BOD doesn't get much salary(in fact I'm not sure if the are paid "in salary" at all),I don't have the info handy, its in the filings.. Oh well a very quick answer,I'm sure someone will chime in with the exact numbers..I'm strapped for time at the present..DD

To: James Wright who wrote (2631)	6/27/1998 11:06:00 AM
From: Ditchdigger	Read Replies (2) \| Respond to of 3563

Jim, I believe the information you want is in this filing edgar-online.com DD--later

To: James Wright who wrote (2631)	6/29/1998 8:15:00 AM
From: BobbleUnc	Respond to of 3563

<A minor issue is that CADE is carrying a high debt to equity ratio of 0.41, with a low cash to share ratio of 0.03.> Jim- When I spoke to Rick Lund last summer, prior to the acquisition, he indicated that the sector/industry average re: "debt to equity ratio" was 44. At that point in time, I believe, CADE's debt to equity ratio was at about 25.... with the acquisition,as planned, it jumped up into the 40 range... still below sector average. I can't speak to the cash issue at this time. Re: Molly Cade selling..... that really isn't an issue. She's wealthy & will not wait for a great price in order to make a "donation" to a charity. It's that simple. This is a solid company. Hope this was of some help... Bobb