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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Jeffrey S. Mitchell who wrote (24647)2/11/2000 6:16:00 PM
From: Patrick Slevin   of 26163
 
At least in this case, Jeff, you have more money than the other guy.

biz.yahoo.com


The Company has no outside line of credit available and is dependent on cash from operations (which it anticipates to benegative for the coming year), contributions by officers and directors, and other financing arrangements to meet its
obligations; however, there is no assurance such financing will be available when needed. >

<
The Company was a dormant blank check entity on December 31, 1995 and accordingly had limited revenues from brief
operations. The Company began operations on March 28, 1996. The Company had a net loss in 1996 of $7,715,709. The
loss for 1996 was previously reported as $220,710. The increased loss, as shown in the restated financial statements incorporated herein, resulted from the correction of the treatment given to the Company's obtaining certain intangible assets in exchange for stock. The major factors contributing to the "hard" loss of $220,710 were: 1) insufficient revenues, 2)
substantial operating expenses, 3) cost of goods sold, and 4) lack of adequate sales and marketing. >


Seems they are looking to you and the others as their Primary source of income.

As to the issue of promoting a short sale of the stock, it seems that as a Pink Sheet the only people able to sell it short are the Market Makers in the issue. I would consider it a stretch that you would be able to influence experienced penny stock professionals with your remarks, no offense intended of course.
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