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Microcap & Penny Stocks : IMAGICA ENTERTAINMENT (IMEA)

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To: Don Billins who wrote (35)3/13/1997 12:53:00 PM
From: J Curshen   of 93
 
I don't know anything about the financing but I have heard that there
is abou to be a shake up with management. The promoter for the compnay, Tod Lotz, has amassed enough shares to take the company to a
proxy. He has recently let management know of intentions.

It looks like Mr. Lotz has a new experienced management team and lots of capital to back him. It has always been obvious that this company has a lot of upside potential. This company could very well achieve $20 million in gross revenues with in the next 24 months. With an 18% pre-tax profit margin this stock could earn $0.75 per share. With standared PE's that would mean $7.50 per share. Not bad for a stock that is trading right now for $0.375! Go for it Mr. Lotz, make IMEA work.
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