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Alias Born 04/26/2001

Re: evan post# 142

Friday, 04/12/2002 11:28:00 AM

Friday, April 12, 2002 11:28:00 AM

Post# of 307
BMKS sold ZOOM for 80% of the debt they owed on it, ZOOM could NOT have serviced it's debt? The new owner can survive the red ink while it turns around, BMKS could not. The business left is more less a cash business, renewals and new signups for mailstart and 50% cash with the order for machine sales. The only tricky thing they have left is to negotiate a way to deal with K-W machines debt that they can deal with out of current cash flow, I think they will be able to do this because it's in the best interest of both parties.




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