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Re: Golfnut post# 4850

Thursday, 01/18/2001 11:29:27 PM

Thursday, January 18, 2001 11:29:27 PM

Post# of 15369
How much money can SEVU have... last financials stated half a mill? Maybe i am wrong... But at the burn rate of producing even the test units.. and the advertising they have done.. and the staff which is claimed is much larger now... And so many recievables, obviously recievables means they havent been paid yet..correct? So how much cash can this company have.. is it possible to have any left at this point ? never mind the million it will take to get mass production going in full swing, since there is a eight week delivery and obviously 8 weeks afetr that to get paid, thats 16 weeks after production starts... Im very confused as I read all your posts and start thinking deeper.. IMHO!