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Emvelco Corporation Message Board

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  • stockmaster_9999 stockmaster_9999 Jan 13, 1999 1:31 PM Flag

    PCBM---KANA

    In a separate announcement, the Company stated
    that it has entered into an agreement to sell its
    condominium built in Budapest,
    Hungary for $1,500,000. The
    company plans to extend its internet access activities
    through the acquisition of software
    developing
    companies in order to create new value added and E-commerce
    related services for the Hungarian market.

    This
    has also been put on the back burner

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    • For the nine months ended September 30, 1998,
      revenues were $3,172,974 compared to $931,705 for the
      prior year's nine month period.
      Excluding
      construction income, revenues were $1,448,506, an increase of
      55% from the $931,705 reported in the prior year's
      nine month
      period.

      Notice that revenues
      were $1,448,506, that I think is their only

      internet revenues. The rest were construction. So have
      they sold half of these, comments please.

 

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