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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Steven Durrington who wrote (54)11/4/1997 4:41:00 AM
From: Steven Durrington  Read Replies (2) of 11708
 
As somewhat of an afterthought, can anyone let us know about the process
of applying for a class V disposal well ? Is this something that will be
drawn out over several more months, or will the Enviro-Tech subsidary
of CSMA become enormously profitable in the near future if its application
is successful. What barriers exist to the application's success ? Is it a
formality and reasonably sure thing, or are there several companies competing
for the same limited privileges ?

I've been thinking about Cheryl's earlier post and the mathematics regarding
a $16 to $29 disposal fee, when $0.40 to $0.70 is currently profitable.
If 7500 x $20 profit a day x 300 or so days a year = $50,000,000 or thereabouts,
7 million shares in CSMA should appreciate significantly just on this aspect
of the operation alone. A nice conservative PE ratio of 10:1 would send this
stock price over 50, allowing for taxation to eat into profits a little (what
are your company tax rates in the US ?).

Then there's the smellies and the oil to consider...

Perhaps Franco is justified in his wild enthusiasm ?!? Here's hoping to
pick up a few more at anything under $1 before this puppy accelerates.

Regards,

Durro
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