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Old 09-03-2004, 12:58 AM
chasman chasman is offline
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I'm sorry that my first post here will have me sounding like a naysayer, but I think that the following sentance taken from the the most recent quarterly report of CSBI is going to confirm everyone's suspicions:

"Management believes its existing cash and cash equivalent of $112,445 and anticipated cash flows generated from operations will not be sufficient to fully execute its business plan. The Company will be required to raise additional funding through the issuance of additional debt or equity. In addition, the Company will have to successfully negotiate extended terms on the note due to its shareholder Carroll Shelby. If the Company is unable to do so, it may be required to cease operations."

I hate to think that his legacy may involve another business failure, but taking risks is also what made him so special for so long.