PWSP-GOLD/SILVER/OIL-FINDER Message Board

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Microcap & Penny Stocks : PWSP-GOLD/SILVER/OIL-FINDER

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To: P.S.N. who wrote (28)	9/2/1998 11:25:00 AM
From: Don Wellington Jr.	Read Replies (1) of 47

I am wondering also. The inside scoop simply seems to be that PWSP's operating capital ran out before they could get revenues generated from actual product sales. The technology is still valid. I think someone will notice the value, and either buy the company outright,buy the technology, or lend PWSP capital secured by an ownership position. I understand they are looking for approximately 1 million dollars to get them to a stage where they can create revenues and self-finance. As in so many cases like this, the engineering and technical experise overroad the ability to market for revenues. With so many years dependence on government contract research and military contract research, it is a difficult adjustment to marketing to the general public arena. I am still holding my ownership at .25 a share. However, I am thinking it may be a long haul due to the current economic situation which may be limiting the availability of investment capital in general.

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