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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Lou Farrell who wrote (1640)5/12/1999 8:59:00 AM
From: who cares?  Read Replies (1) | Respond to of 10354
 
Ya'll get a load of the financials yet? No wonder they drug their feet.
Let's see
income from operation $44,788
Realized gain on marketable securities $535,801
Unrealized gain on marketable securities $712,438

Yep, all the money comes from selling stock. Considering the runup since the first of the year they should be able to show a real nice gain in the first quarter numbers.

Also notice that net sales were $2.29 million. At todays market cap the company trades at over 60 times sales.
Burns