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Microcap & Penny Stocks : Madera International - Symbol WOOD -- Ignore unavailable to you. Want to Upgrade?

To: Richard L. Williams who wrote (1065)	2/2/1999 11:52:00 AM
From: David T. Groves	Read Replies (1) \| Respond to of 1979

Hi Rick, Well they evaluate one of their saw mill around $3 million if I remember correctly. I think to do all the projects that they have lined up, they may use MAX $12 million. Of course this asset value doesn't disappear, it just changes from cash to capital assets. They should be able to quadruple output and revenues, and still have $1+ in assets, no debt and plenty of cash on hand. The deal DOES get closer every day, this is no time to be trying to manipulate share price or be whining about a Web Site that is delayed a couple of weeks or months or years even. Perhaps they can even get some warehouse space states side now. Dave