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Microcap & Penny Stocks : LFEI - A trading shell!

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To: Hubert Few who wrote (12)4/1/1997 6:44:00 PM
From: Don Downing   of 68
 
Hello Hubert, doesn't every sane man keep his cajones close to him?

What products, services or company? Don't know for sure yet. But I was told about some possible candidates today. 1) a telecommunications company with annual revenues of $10,000,000 2) a bottled water company with annual revenues of approx. $1,500,000 million (and desperately needing money for expansion) 3) a computer communications company, about which I know nothing else.

I'm glad to hear that you like my style. Everyone should form their own opinion of what I or anyone says, and be sure that I'll tell you my opinion when I find a good investment!

I beleive in fair play. A similar situation in which I invested was SML on the Vancouver. Basically, but not a completely a shell at $0.17(Canadian) about 3 years ago. They attempted a dealto merge with a chicken franchise that wanted to go public to make expansion affordable. The "shell" portion of the deal worked great, my average in was $0.34(Canadian), I jumped ship at $1.00(Canadian). For complete "fair play" and honesty, about a week later this stock was halted, still is, it's been 2 years. In my opinion this was a succesful deal, however, the finish was blotched.

I am not a broker, I'm an investor.

Happy Investing, Don Downing
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