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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Dani who wrote (550)8/27/1998 10:31:00 AM
From: John B. Smyth  Read Replies (1) | Respond to of 856
 
Responding on Howard's behalf, Dani, he was trying to make the point that we were not considering equity financing at these low prices, as we had sources of debt capital that were not dilutive to the shareholders. The financing improves our ability to deliver current orders to continue growing our sales and generate profits without further dilution of equity.

Hope this clarifies the matter.

Best regards,

John