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Microcap & Penny Stocks : NVID International

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To: topwright who wrote (229)11/6/1996 2:20:00 AM
From: David Ooley   of 3244
 
Great post.

Some things were not addressed though in that post.

i) Competition: If you walked through this thread you would notice
somebody posted something about Medical Discoveries. Is that true
their product MDI-P is an exact replica of microsafe? If so, is the
company worried about the competition. I also wonder how many companies are out there which may have something similar to microsafe???

ii) Aqua Bio Side: It is debatable whether this side of NVID
for 50 cents is grossly underrated or overrated. If it is the best
water purification system then probably it is underrated but if it
is just like other water purification system then it is grossly over
estimated. There is intense competition in this side of the business
and there are tons of companies in this business. If you look under
Bioteck/medical category you might spot some of the companies in this
business. Another thing related to this: Does it need FDA approval?

iii) I have been watching dumping of the shares for couple of months.
The volume is good almost everyday. It may average around to 100,000.
I wonder if some market manipulators are dumping their shares.
Personally I feel good volume and stagnant(or faling price) scares me.
It seems somebody has lots of shares to dump. It would make sense
for somebody to start releasing good news through mediums like internet(supposedly free) and dump millions of shares and then leave
the individual investors holding the bag.

iv) Information from NVID that comes out seems like they have been
reading this thread and then picking topics to release the information
to the invetors. First the bee problem appeared on this thread and
one week later there was news coming from the company. Just another
good example would be news about independent testing. When the company
said there are not going for USDA anytime soon for the bureacratic reasons, somebody raised a question how about the independent testing
and lo and behold another news came up about the systematic testing
which involved independent testing and then USDA. These might be just
a coincidence or may be lack of my analytical ability.

v) One on hand people on this thread ask for no hype. But if you read this
thread there is nothing so far except hype. Things like projections
of a 30 billion market, the stock being worth 35 dollars in few years.
Again I might wrong since I can't understand the far reaching impacts
of their products. But how about some news with substance. Something
like USDA approval, some great scientists in the company(so far it
looks to me that the company was started as a video rental chain and
then suddenly they found something and decided to go into biotech), results of independent testing....

vi) Has the company hired some stock promoters? Is so, why?

vii) How many employees and the scientists does the company have?

I disagree with you that there is just skepticism. I think
there is something more. In any case skepticism is good especially
in the wonderful world of penny stocks. What makes people doubtful?
Lack of substance.

Some people would hate me for posting this on the thread. It is my
last post. I would keep reading this thread though.

Good luck and hope everyone makes a bagful of money.
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