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Microcap & Penny Stocks : MDU Communications Inc. - MDTV

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To: RICE who wrote (455)7/13/1999 3:57:00 PM
From: Benric  Read Replies (2) of 994
 
Rice, I am a invester of EBLD too. EBLD just changed IR firms. It is true that EBLD's stock rose to $8.00 within 1 week. THe stock has gone back down to $2.00. The knock against CBI is that they hyped up the stock by lying. EBLD investors were told that the audit and finances were to be out very soon in April. It's July and we are still waiting.
The CEO Stephen Brown blamed CBI for misleading the investors with false information. As a result, investors became weary and impatient, and several sold their shares at a loss.

It is very important that CBI explains their side of the story, and clear-up any misgivings. EBLD investors have only heard from the CEO's side of the coin.
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