WorldGate Gasps for Cash5/13/2003 4:35 AM Eastern
WorldGate Communications Inc. said it doesn't have enough cash to continue
operations beyond June, and it just about begged for a new investor.
"We seek to obtain any and all expressions of interests in sufficient time to
ensure that we can properly evaluate all funding opportunities," the
interactive-TV provider said.
The company hired Boston Corporate Finance Inc. in March to "evaluate various
strategic and financing alternatives."