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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS

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To: Zeev Hed who wrote (4037)7/8/1999 11:30:00 PM
From: David Sirk  Read Replies (4) of 4828
 
What you fail to recognize is this . ClassicVision intends to begin increasing the number of mobile units
immediately. Plans call for a total of five units within the next twelve to eighteen months.

So in other words they have more business then they can handle right now. Some cash infusion and they start rolling more vans right away. This is a HOT sector! Look in to it.

Two more units and they can take care of the accounts receivable. Hell if they could raise the money on there own they would. I guess this is too cutting edge for a bank loan. Or perhaps the rate is too high.

ALSO ISOMAN was pointing out GEM debenture deals that Hurt the company where here is one in a realted Industry that so far has helped quite a bit

GUYS here is a Link to a recient GEM deal.
scoot.com
This is one segment. it shows how a savvy company can protect
themselves against shorting.
The Debentures will have a three-year term to
maturity and have an interest rate of 3.5 per cent
per annum payable on a quarterly basis. The
Debentures are convertible into ordinary shares at
any time during the three-year term of the
Debentures. Under the conversion terms of the
Debentures, the maximum number of ordinary
shares which may be issued on conversion is
limited to 23,900,000, representing approximately
4.6 per cent of the current issued share capital of
the Company, save in certain circumstances,
further details of which are set out in the paragraph
titled "Maximum Dilution Provisions" set out below.

ALSO if you look at the stock price of our GEM debentured
company you will see that the price has gone UP since the
Debenture deal was announced

quote.yahoo.com

I hope this will help to put a few people at ease. SCOP has deals
thats why evrything is working well. Before the Debenture Deal
with GEM this puppy was Dragging at 6 bucks after it went as
high as 16
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