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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Ruyi who wrote (8880)2/5/1999 6:01:00 PM
From: crh02  Read Replies (1) | Respond to of 37507
 
Accordingly to unaudited FS dated 9'98

Balance Sheet: Assets: $8.8Million Cash & "S.T. Investments"
.8 Other C.Assets
.6 "Capital Assets"
$10.5 Total Assets

Liabilities:
$3.2 Current Liabilities
$7.3 Net Worth (which includes $21.8
accumulated deficits)

Operations: for the 9 mos of the fiscal year,
o Revs $13.7M, +118% over prev yrs 9 mos
o Loss $12.9M, incr of 169% " " "
o Disproportionate % loss V. Revs result of gross margin reducing to 2.1% from 3.2%.
Advertizing & Promotion
$8.9M, +167 over " " "

Financial received from C. Schwab & Co.
These statements, and possbily more current ones might be available from businesswire.com

Any comments/observations?



To: Ruyi who wrote (8880)2/5/1999 8:21:00 PM
From: Sili Investor  Respond to of 37507
 
>>>As BII have not announced a closure on last placement as of yet and in the absence of current financial statements there appears to be no way to tell if in fact they have received any proceeds from same<<<

Dougie, starting to change your tune are you? In the past, you said they had a cash crunch, that they had not received the cash! What is it Dougie, are you saying that maybe you didn't know what you were talking about in past posts?

Poor old Dougie, someone starts to challenge his posts and he starts to back peddle. Why is that Dougie? Is that because you post GARBAGE?

So, what is it Dougie? Did they receive cash or didn't they? Or maybe you just don't know. Hey, Mr. Forensic Accountant, the answer is out there. I'll post the answer soon, but can you find it?

Btw, have you learned how to read a financial statement yet?