Alloy Steel Inc. (fka AYSI)

[KlausVT]

Rawnoc -

what would make the 4th fiscal quarter different from the 2nd quarter where they "burnt" through $900,000 which was half of their cash of the 1st Q only to increase cash position on the 3rd Q.

Negative cash flow seems to be associated with high production levels as timing of book keeping seems to cause those fluctuations.

Just food for thought and not arguing for a positive of negative outcome. We'll all have to wait for the 1st Q report on that.

Just wanted to say you can't always go just by some numbers and say they tell all there is.

And as for insider buying: if I'd own 62.5% of the company and 74% overall as insider holding and the fact that the float is already very small I wouldn't do any more insider buying as well to not even more adversely affect the price fluctuations we experience already.

As for the line of credit available to the company, if needed, there is no reliable information. I would assume that they have a revolving line of credit to address short term needs and I also seem to recall that an available line of credit was mentioned once with regard to the 2nd mill construction but might be wrong as I can't seem to find this tidbit anymore and can't recall where I saw it.

Cheers