quote:
Originally posted by jgoldsbe:
Missed my opportunity to get in at .075 today. Hoping to get it in the low .08's.The President did purchase 13mil more shares in Aug 2003, so that's a good sign.
Current assets in Sept 03 are over 6 times what they were in Sept 02. A positive cash flow (+144k) versus a negative (-500k) the year past. If things continue, this could get big.
However, the 10QSB report from Nov 03 state "We do not have existing capital resources available that are sufficient to fund our operations and capital requirements as presently planned over the next twelve months."
That is followed by "Our limited capital resources and negative cash flow from operations may make it difficult to borrow funds."
That's what I've found. Would like other people's input on it.
JEG