PAYP Message Board - Msg: 10633689

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Microcap & Penny Stocks : PAYP

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To: Ga Bard who wrote (120)	7/23/1999 3:37:00 PM
From: TOPCAT1	Read Replies (1) of 179

I'm buying... and not just on pure speculation but because I anticipate that once the name change is official and new certificates are issued, the person (brokerage or whatever) will get boxed in... someone is playing some strange games here and likely the speculation is worth the downside risk... they will either have to buy shares on the open market equivalent to 25,000,000 shares which they will have to surrender or they will face legal action by the NASD... my understanding is that the Transfer Agent has confirmed this and that the NASD is onside with the Company... so when the certs are given to legal tender investors who have surrendered their shares, the guilty ones will become obvious... I just bought and I think I will buy even more... I sense a squeese coming and the downside is very, very small... there is also talk among brokers that insiders have bought a lot of shares above $0.20 without selling and they have been buying more at these levels... with about 15 million shares outstanding and fully diluted and with a lot of this float sucked out of the market... the squeese is coming....

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