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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Taki who wrote (50270)6/7/2000 11:02:00 PM
From: Taki  Read Replies (1) of 150070
 
By: jlc7193
Reply To: 386 by whatsup
Wednesday, 7 Jun 2000 at 9:36 PM
EDT
Post # of 388

I received a call also from a salesman recently trying to sell me
restricted shares in IMTL at 50 cents per. Usually, my experience has
been that these phone calls show up on the caller ID as
"UNAVAILABLE". And I usually ignore them. But this one actually
showed the number (a New York number) and the
company...Micromatix. I was also given three web sites that I could look
up dealing with the company. I was also told that the company was
doing around $100 million/year in sales. One thing that I found by
checking the web sites that IMTL was not doing anywhere near $100
million per year. Although the company shows, IMO, that it had
possibilities and the stock price appears undervalued, I haven't jumped
in as yet because of the "false" information I was given about the sales
figures. In addition, why buy restricted shares at 50 cents and hold them
for as much as two years when you can buy unrestricted shares on the
market for close to the same price??? I live and work near Baltimore
and they do have a real building. Whether they do anything in there or
not I don't know.?? In addition, I was also told that IMTL was hiring a
publicity firm to increase the stock price and there were several dozen
"market makers" in the stock. From what I've seen the last couple of
months, they have all been silent. In February, I was told that they would
have the price above $2.00 in 90 days and $6-8 in less than a year. The
90 days has come and gone and it still sits at 50 cents + or -. After
three/four calls from Micromatix in February/March, I haven't received
any others.

But I'll keep reading everyones POSTs on RB because I think IMTL has
some upside possibilities. Sorry for the long rambling post. Hang in
there longs.

Ed
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