Form U-7 - Small Company Offering Registration (Scor) Form Page 18
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3843.
Are a significant amount of the Company's trade payables more than 90 days old?
[ ] Yes
[ ] No
44.
Is the Company subject to any unsatisfied judgments, liens, or settlement obligations?
[ ] Yes
[ ] No
If yes, state the amounts.
45.
Describe how the Company will resolve the problems identified in Items 41 - 44.
46.
(a)
Do the Company's financial statements show losses from operations?
[ ] Yes
[ ] No
46.
(b)
If yes, explain the causes underlying these losses and what steps the Company has
taken or is taking to address these causes.
47.
(a)
Describe any trends in the Company's historical operating results.
47.
(b)
Indicate any changes now occurring in the underlying economics of the Company's
business which, in the opinion of Management, will have a significant impact upon the Company's
results of operations within the next 12 months.
47.
(c)
Describe the probable impact on the Company.
47.
(d)
Describe how the Company will deal with this impact.
Small Company Offering Registration (SCOR) Form
Page - 18
Revised: September 28, 1999
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