StockGuru Blog: Elgrande Demonstrated Negative Free Cash Flow
EGDI – Elgrande International, Inc.Elgrande International (OTCBB: EGDI) has a winning team in place. CashFlowNews.com reported that negative Free Cash Flow for Elgrande.com Inc. (OTC:EGDI) for its twelve months ended February 28, 2006 was $(321,094), a 69% improvement over the year earlier same twelve months when Elgrande.com generated $(1,051,024) in negative Free Cash Flow. Free Cash Flow for the most recent twelve months also reached a six year high.For Elgrande.com’s quarter ended February 28, 2006 Free Cash Flow was $(287,713), compared with $(499,417), a 42% improvement over the comparable year earlier quarter. Elgrande.com has generated three consecutive quarters of negative…