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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (11831)12/28/1998 6:02:00 PM
From: Cary C  Read Replies (1) | Respond to of 29382
 
ok M$ney, what say you save me just a teeny little bit of time in regards to SLEU..

Here is a news release stating they reported their audited financials.
Here is what they said..

>>today reported that it has compiled audited interim financial statements for the twelve months
ending August 31, 1998.

The Company's audited Consolidated Balance Sheet, for the period ending August 31, 1998, lists
total assets of $6,149,871, total liabilities of $2,218,843, which amount includes absolutely no
long-term debt, and total stockholders' equity of $3,931,028. Chief among the Company's assets is
The Internet Sleuth search engine, which is valued at $5.9 million.
<<

You think you could possibly expand on this? Like say how much cash they have, working capital, quarterly expenses, outstanding diluted shares etc.

Oh yeah and since they have liabilities of 2.2 million and assets of $249,871 after subtracting the search engine could you give me your thoughts on where you think they might be going and what type of financing they expect to get to help them.

Thanks,

Cary