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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Tom Terf who wrote (3325)8/9/1999 12:57:00 AM
From: Mighty_Mezz  Read Replies (1) of 7056
 
In their PR, HITT said Hitsgalore.com recognizes the revenue as new Local City Editions are ready to be brought online.
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I'm hoping the 10Q addresses this. Do they have the money, or just an IOU collateralized by a stamp collection which nobody gets to see and independently appraise?

Regarding the $20.00/share deal with LFT, from the May 13 PR:
Jeanette Wilcher, Trustee stated, "In light of the
recent drop in the market value of the stock we
are renegotiating for a more favorable price to
the Trust of $20.00 per share;


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