AI
Sunday, July 05, 2009 5:50:24 AM
John,
You're welcome.
And will do.
An ongoing need of setting the record straight.
Fun and frolics.
Norm...
Sorry, but your response makes no sense to me. Seems to be pulled from thin air.
We're not talking a highly leveraged situation here. Company is debt free. And management has made clear the proactive maneuvering relative to externally-sourced capital.
And...
'We are proud to announce that our Company is now cash flow positive and can finance our immediate growth from the cash generated within. We have been in negotiation with two banking institutions that could potentially provide us with accounts receivable financing, if and when needed for the future growth of our Company. However we hope that future cash requirements for product development, marketing, production, and financing of inventories and receivables can and will be generated internally.'
The coming audited numbers will be telling. Cash flows. Equity. The rest of it.
We shall see.
You're welcome.
And will do.
An ongoing need of setting the record straight.
Fun and frolics.
Norm...
Sorry, but your response makes no sense to me. Seems to be pulled from thin air.
We're not talking a highly leveraged situation here. Company is debt free. And management has made clear the proactive maneuvering relative to externally-sourced capital.
And...
'We are proud to announce that our Company is now cash flow positive and can finance our immediate growth from the cash generated within. We have been in negotiation with two banking institutions that could potentially provide us with accounts receivable financing, if and when needed for the future growth of our Company. However we hope that future cash requirements for product development, marketing, production, and financing of inventories and receivables can and will be generated internally.'
The coming audited numbers will be telling. Cash flows. Equity. The rest of it.
We shall see.
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