Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : PCES - paid $4.75 Million by 3M Corp!!! -- Ignore unavailable to you. Want to Upgrade?

To: Little Engine who wrote (71)	3/14/1999 11:03:00 PM
From: Brad	Read Replies (1) \| Respond to of 523

LE, From Page 11 of the most recent 10Q... "The Company's post closing Balance Sheet reflects cash, including the escrow balance, in excess of $2.0 million with minimal debt. The net proceeds from the sale will be retained by the Company pending a determination of whether to engage in a follow-on transaction. It is the intention of the Company to seek a business combination with another entity, before considering possible liquidation and distribution of its assets. The Company believes that with the cash on hand and net operating loss carryforwards, subject to the limitation of such carryforwards under the Internal Revenue Code, such a combination may be attractive to potential partners and would better serve the interest of the Company's shareholders."