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 : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: V$gas.Com who wrote (22874)4/1/1999 9:27:00 AM
From: kbert  Respond to of 44908
 
Another link:
freeedgar.com



To: V$gas.Com who wrote (22874)4/1/1999 9:48:00 AM
From: BCEAGLES  Read Replies (3) | Respond to of 44908
 
Being far from an expert at reading these things, I copied this out of the beginning (actually the top of their page 8).........What does everyone make of the 2nd paragraph below:

"Limited Working Capital; Financial Instability

As of December 31, 1998, the Company had a negative stockholder's equity of $8,004,726, an accumulated deficit of $37,888,635, and a working capital deficit of $8,892,289. The Company anticipates that the eventual resolution of the bankruptcy proceeding will reduce the consolidated working capital deficit.

Various factors affecting the Company's operations raise doubt as to the Company's ability to continue as a going concern. There can be no assurance that the Company will be able to continue as a going concern or achieve material revenues or profitable operations. The Company requires additional financing. In
this event, no assurances can be given that such financing will be available in the amount required or, if available, that it can be on terms satisfactory to the Company."