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Technology Stocks : VIDEOFLICKS.COM/ VFCO.U

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To: tom ablett who wrote (31)7/15/1999 12:20:00 PM
From: Steven Haas  Read Replies (1) of 66
 
I never was short, though in retrospect i wish i was!!
I was a share holder of the Co. before VFCO took over. It used to be called Mantuar Petroleum. It went straight down as well to $.05 before it got halted. So lets do some figuring out here.

Anyone who bought MTUR below $.25 would have been rolled back (5-1)to $1.25.
Lots traded below .25 so there is a lot of cheaper paper out there.
people that are selling now must have bought all the way down to $.05. That is still a win, theoretically it could be sold all the way to $,25 and these people would still see a profit. (as this stock now trades in US funds)
Also:
Lots of stock was issued at $.50 thats why I predicted that price.

Anyway the Canadian OTC is a crap shoot and the must loosely regulated of all exchanges, so being listed there does nothing to add credibility. (IMO)

Personally I am happy this came back to trade. I had written off my investment in MTUR and thought it would never come back, at least now I will get a few sheckles and maybe a shot to catch the Internet fever.

But please Videoflicks.com get off the Cdn. dealers network

Haass

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