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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: marcos who wrote (1054)8/23/1998 5:39:00 PM
From: Janice Shell   of 26163
 
Let's have another look at AZNT's May 19 10Q. There's this interesting stipulation:

LIQUIDITY AND CAPITAL RESOURCES

Since the reverse acquisition of Amazon Natural Treasures, Inc., (NV) the Company has had limited operations and has made preparation to launch more extensive operations in the near future. Currently, the Company's capital resources are adequate for this purpose. To finance these activities the Company is engaged in the private placement of securities. The company has sufficient capitol [sic] for the start of their Direct Marketing Program, which will begin in the third quarter of 1998.


Anyone have further information on this projected private placement? Reg-D? Reg-S? Either way, never good news. Now remember: this is from the Q2 10Q. Do we all realize what private placements often result in?

Yesssss! The often result in shorting! You seriously think the company doesn't know this'll happen? The SEC filings record no private placement. But.......
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