SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Sili Investor who wrote (7052)1/22/1999 12:14:00 PM
From: Ruyi  Read Replies (2) | Respond to of 37507
 
YOU truly are IGNORANT. Yes they sold $13 mill. in shares to cover losses till SEPT. 98. Yes they announced they sold (no confirmation on that so far) another $10 mill. in shares to cover losses last qt. ending DEC.98(assuming their burn rate and projected revenue). BUT don't you understand CASH FLOW CONCEPTS> LIKE the guy, maybe you who deposits his pay check in the bank Friday , he has cash in the bank but that doesn't mean he has not already spent it . He bought on credit. Lots of business use up to 120 days to pay their bills but have cash -current assets in bank.CASH FLOW get IT !!! apparently not !!