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To: Ditchdigger who wrote (10233)11/20/1998 6:00:00 AM
From: ztect  Respond to of 44908
 
Play fair, put it in context!

"..Furthermore, there is no assurance that the Company will be able to generate additional capital on a timely basis and on satisfactory terms and conditions to meet its future financing needs or to expand into additional markets. In connection with the further development of the Company's business, the Company anticipates that it may need to raise additional funds through subsequent private placements which will be exempt from registration..."

Please take a better look at the business model to access whether current acquisitions and future acquisition strategy will equal future growth. Based on debt reduction so far, I'd say yes.

Also per the article to which I referred you, put the highly leveraged nature of the Internet company into the context of the Internet sector within which many start-ups receive their seed money from "exempt" from all eyes leveraged venture capital. Now venture capital hedge funds aren't so bad are they? Aside from almost whacking out the global economy.

Message 6479066

Thus, I suggest you may be holding a Red Herring instead of a Red Flag. Though neither of us knows which, because neither of us has a crystal ball.

z