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Microcap & Penny Stocks : JAVA: Food Concepts, Inc.

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To: Ronch who wrote (185)2/20/1998 12:11:00 AM
From: FARRIS   of 214
 
Hey,
Your stock is now worth about 1/20, actually less, than what you paid for it. The current bid is about 6.5 cents. I would bet there will also be massive dilution soon -- if they ever get anything going. Then I would look for a reverse split again. Merely speculation, but this one looks like a lousy investment at any price to me. One bright side is there are very few shares in the float currently -- I do not know the exact figure, but I guess there are only about a million total issued right now. Good luck and glad I got out pre-split!
Eric
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