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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Janice Shell who wrote (4161)9/27/1999 10:38:00 PM
From: Q.  Read Replies (1) of 7056
 
<<Wilcher and the Trust promised to pay, interest at the rate of 2 1/2% per week>>

Hey, that works out to a compound annual growth rate of 261%

Not shabby.

Let's see now. If Wilcher had delivered on her promise, after one year the plaintiff's $500,000 investment would have grown to $1.8 M. If he were still invested today, it would be worth $6.5 M. And if he stayed invested a third year, why, hey, the lucky investor would be worth as much as that stamp collection in New York. Pretty neat huh?

Too bad that money invested in Jeanette Wilcher's house doesn't actually appreciate that rapidly, especially when it gets foreclosed.
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