News

WorldGate Gasps for Cash

5/13/2003 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."

Want to read more stories like this?
Get our Free Newsletter Here!
September
October

VR 20/20

The Times Center, New York, NY