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stock3

06/13/05 2:18 PM

#1019 RE: catani #1018

catani, why would a company that has pretty good revenue and experiencing growth would need paltry 300K for business if their revenues are in few millions.?

think about it
My guess most of that money goes into preparing docs, hiring auditor and sumbitting papers to SEC

davidam

06/13/05 2:40 PM

#1021 RE: catani #1018

exactly catani they are using some for their working capital as well. Again since they went public they havent raised any other money that we know of. actually chef Joe had told me there was "a convertible note due to the recent financing" thats A not others. I know what he meant to i had it clarified. That was about 3 months ago now and there has been no conversions which is also good! again little dilution in well over a year yet strong growth..very good signs!