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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Bart Sampson who wrote (114)1/28/1997 9:38:00 AM
From: George A. Roberts   of 341
 
BART, $10.....I take it you mean with at least a 50-1 split, as ten dollars a share without the huge reverse split is pure unadulterated fantasy. We got suckered (at least I, and the old timers ) into a hyped stock in a brutally competitive market. Sanctuary products are mediocre and sales dismal. I want any kind of lie/cheat/steal/hype scenerio to bail out......I blame MYSELF !!!!! Be warned this company is GOING NOWHERE.....For those of us who are in at ridiculas levels ($5.25) we will never even approach the break even point-with options for Walker and her cronies set at half a buck...a lot of millionaires can be made with a price move to 75cents or a buck...but it still leaves us old times in a world of hurt....a move to a buck leaves me $27,500 in the hole....If they had any real confidence in the company they would have made the price at which the options kick in much much much higher. This company now represents a chance for Walker and a few others to get rich and for us long suffering share holders ...hey a buck is better than 15 cents....please do not confuse the company with a real software company...it is not !
George
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