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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: George A. Roberts who wrote (152)3/18/1997 12:27:00 AM
From: Bart Sampson   of 341
 
George;

Invest your money elsewhere. The rights offering is another cash grab by Charloot and co. If Charloot wants more bucks, she should ante up and tell her investors what they are actually investing IN. Sinktuary Weeds has been long on give-me-money talk and lean on here's-what-we-got talk for far far too long now. At this point, its obvious that Charloot is in with her own money and this is a transparent attempt to recoup some of her losses. A 20:1 stock consolidation ought to bring a whole pile of performance shares out of escrow, wouldn't you say? :)

Bart.
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