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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)
EXSO 0.00010000.0%Mar 7 3:00 PM EST

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To: frank 3 who wrote (1361)8/14/1997 6:52:00 AM
From: Bosco   of 5015
 
hello Frank & all - from the PRs, EXSO (current) mgt is taking care of its employees by trying to arrange some sort of a ESOP. Agreeing with the logic put to me awhile back, some of these *new* stkholders probably don't ve much to invest previously. Without having a superior attitude, they may not even know how to read a balance sheet (heh heh, me neither!) So earnings or cashflows have both #s of relative unimportance. They trust mgt if the latter is also a big shareholders. They will feel they are getting a bargain if they know they are paying the same cost/shr for their 100 shrs when their bosses are paying theirs for their 5,000. This is the poweful notion of "we are in this together!"

While I agree that mgt should share the spoil with its employees, the latter tend to be a faithful bunch if they know they are sacrificing a little for the long term prosperity of the co.

That said. I think the forward stmt and the loan pkg will be the key.

rgds Bosco

(just trying to make some nonsense so I can be admitted to Dave's New Stk Division pgm <VBG>)
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