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Re: TRCPA post# 10438

Friday, 07/15/2005 8:56:54 AM

Friday, July 15, 2005 8:56:54 AM

Post# of 53980
TRCPA, I just clicked on the "Contact WRAP" at their website. The London mess may have had an effect too, other things on their minds.

Haven't done my homework on 5 OTC's without debt, I'll go with your findings on that one, :)))

I did notice that many successful companies have debt, maybe that's where FASC went wrong, but I'm sure they knew potential revenues wouldn't handle the debt load so they decided to let shareholders pay the rent, salaries, trips, and bonuses. That way they wouldn't have the liability of personal guarantees on loans.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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