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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 (121)2/14/1997 2:25:00 AM
From: Chris St Amour   of 341
 
The quarterly earnings report is due out 02/14/97, Friday afternoon.

An Extraordinary General Meeting of shareholders will be held on Friday, March 21, 1997 to change its jurisdiction of incorporation from British Columbia, Canada to Delaware, U.S.A.; to alter the Company's authorized capital of common stock; approve a one-for-ten share consolidation of the Company's Common Stock and to increase the Company's authorized shares of Common Stock after the share consolidation to 50,000,000. For full details go to the link below to review SEC filings dated 01/17/97.

sec.gov

The spread between the Bid and Ask price on the VSE has narrowed to one cent CN. This is normally a favorable trend and may indicate a more favorable stock performance.

Shareholder approval of the 1 for 10 share consolidation should make it possible for the stock to begin trading on the NASDAQ Small-Cap Market by this April.

Companies like this can turn around from the brink of bankruptcy. I recently double my stock holdings after talking with Charlotte Walker, President and CEO. This company is a real survivor! I think they will make it!

For the company's latest product information you should check out their home page at ah-hah.com

Regards, Chris...
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