Scriptel Holdings, Inc (SCRH) Message Board

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Microcap & Penny Stocks : Scriptel Holdings, Inc (SCRH)

SCRH 0.0001000

0.0%

Nov 7 9:30 AM EST

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To: Wright who wrote (32)	1/16/1997 9:47:00 AM
From: Patricia Smith	of 159

Clark, I have to agree with you. The other day they came out with a press release stating how they had converted the debt of their major creditors to stock options, no doubt to buy time. It's interesting that things look more promising than they ever have and the stock is so low. I've seen companies put out one press release after another; we got the contract, we shipped the equipment, it's installed, they love it, etc. Scriptel is avoiding this. It's easy for these penny stocks to be accused of stock manipulation and I think Scriptel is waiting for the cash flow to improve, more business to come in, and genuinely happy customers. If the numbers can speak for themselves, the stock will eventually respond. One problem is that the number of shares seems to keep increasing, that helps keep it down. Stocks go up in spurts, but sometimes the declines in between can be long and painful.Good luck. Pat

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