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Microcap & Penny Stocks : Aqua 1 Beverage - V.AQB on the Vancouver Exch.

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To: Johnny X who wrote (347)10/15/1998 1:12:00 PM
From: Johnny X  Read Replies (2) of 453
 
To all -- since we had the press releases about a month or two ago on the China contract and other good news, the stock has been up about 100%, and is now down again. As you know, the company signed a five-year contract to distribute it's product in China; in addition to the contracts it already has. Now it looks like they're beginning to work on getting a contract for nationwide distribution in the States at a convenience chain. This is bigger then distribution to the Walmart stores potential, which fell through; the sales and marketing people were replaced after that, and it's been since then that the company has landed contracts and expanded it's sales dramatically (up 141% in August, I don't know the figures for September yet). When they were working on the Walmart contract, the stock went up as high as .95c, and was solid at around .70-.75c. Now at around .20-.28 (as high as .38 a few days ago.) I suspect some people may be playing this stock, given the wide berth, that is, buying at .20ish and selling at .40ish, though I'm still long-term only myself.
I posted similarly to above on Undervalued stocks thread.
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