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Re: gemmerling post# 4015

Wednesday, 08/27/2003 3:03:14 PM

Wednesday, August 27, 2003 3:03:14 PM

Post# of 53787
Greg

You are in denial,very green and gullible it seems IMO. You appear to have swallowed Kelly's Koolaid and will not listen to nor digest the facts.

You said: "They should have some cash from their recent deals to fund a government project"

The recent deals don't seem to be showing up in the top line - revenue of $81K for the qtr with losses and negative cash flow from expenses does not leave cash from operations SO they will need to continue to tap their only asset - stock to fund the business which means more dilution.

In order for most companies to survive they need to get funding from their business plan initially IMO.

Good luck and take care.

Bylo

These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

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