Hi Ron -- Yes, I received a response from the IR individual at the Company to recheck the Pink Sheets database where I found the financial statements...
I was also puzzled by the 15% interest rate on the debt... Seems to me that the Company could obtain a bank revolving line of credit facility (perhaps secured by Accounts Receivable) for maybe 8-9% interest rate... Not sure why management is not pursuing that situation especially when the Company is growing and could clearly use a line of credit...
I agree that this is a stock worth holding and I plan to establish an initial position during 2007... Hopefully in the area of 0.08-0.12 per share... Every once in a while there is a burst of volume... Last time was about 150K shares traded in a day at prices of 0.13-0.15...
I will check in from time to time on the message board (which I have bookmarked as a "Favorites")...
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