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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Josef Svejk who wrote (1652)11/18/1998 11:10:00 AM
From: JDN  Read Replies (1) | Respond to of 7720
 
Dear Humble one: The 10Q I read in yahoo said something about "sufficient for several quarters" (I presume that is less than a year as they are supposed to positively state if liquidity sufficient for 12 month period). Earlier in the filing where they are discussing operations they said something along the lines that Company does NOT expect to become profitable for several YEARS. Putting two and two together spells potential trouble as they are admitting in the filing that somehow someway they must come up with additional financing. I know that isnt anything new to you oldtimers but thread was starting to look like Irrational Exhuberance which I cannot blame too much for those who may have doubled their money in a few weeks but I thought someone ought to put in a cautionary note. JDN