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To: Eric Fader who wrote (39812)1/6/1999 8:31:00 PM
From: Silicon Pigs  Read Replies (1) | Respond to of 119973
 
OSFT has enough fund to ship the kiosks. See they are shipping this month. This company has a huge potential as a major player. But I don't know much about AVAL. Can't find any info on that one.

SP



To: Eric Fader who wrote (39812)1/7/1999 8:13:00 AM
From: Gator  Read Replies (1) | Respond to of 119973
 
OSFT revenue projections come from this press release:

biz.yahoo.com
"The five-year lease initially provides $350,000 which ObjectSoft will use to fund the manufacture of 35 FastTake kiosks and
related infrastructure. These kiosks are expected to generate up to $300,000 in annual sales for the company. Additional
financing is expected as more sales are made in the coming months. "


$300,000 / 35 = $8,571

Regarding the financing, recent news release puts financing for 1999 to rest:
biz.yahoo.com

Gator