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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid

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To: Crazy Canuck who wrote (8606)10/31/1999 10:37:00 AM
From: Lola  Read Replies (1) of 9115
 
Thanks Rob. I respect your opinion and am a fan of yours for the amazing due diligence you perform on all the stocks that you play. I've never seen a poster on SI that does better DD than you do. I also appreciate your sincerity in the way you deal with other posters.

I would like to publicly apologize to you and all the hard working and honest business people in BC who unfortunately I put in the same category as the scammers. I was wrong in making that statement.

Nice people but good golly they need to learn something about running businesses other than stock scams

I guess I got a little too excited about all the scam busting we've been doing lately and I wasn't thinking about the implications of what I said in this post you quoted by me.

As an entrepreneur myself I know all the sacrifices that I had to make to make my businesses successful. I can imagine that for the real entrepreneurs in BC it must be even more difficult than it has been for me because they also have to take the flack for things they did not even do (i.e. run stock scams). Real entrepreneurs usually don't have it in them to do that . . . their minds are preoccupied with real business ideas and they don't have the time to clutter their minds with crap.

One of the reasons I want to wait to go public is I want to have something to show the would be investors in my company that I truly do intend on continuing to grow an honest, ethical and profitable business and reward them for investing in my company. I'm sure the real entrepreneurs in BC share my convictions.

My desire is to expose as many scam stocks as possible so that this type of activity can be eliminated. Once we have made some significant progress in this area, entrepreneurs like some of your friends in BC that you mentioned can receive the financial aid required to grow their businesses. Proper financing is something that no company can do without no matter how brilliant the entrepreneur is. If he doesn't have the money to finance his business it doesn't matter if he's the next Einstein he'll hit a brick wall.

I have funded both of my businesses with my own money because it is next to impossible for a young entrepreneur to get a bank (especially a Canadian one) to give them the support they need.

I remember when I first opened a business account at the bank, the manager there looked at me and said something stupid like "how nice, you're starting your own business". Of course she didn't offer me any financing. She just gave me that look where they smile at you but you know exactly what they're thinking. They're thinking there goes another fool who thinks she's going to change the world with her brilliant ideas . . . can't wait to see how long it takes for her to fall on her *ss. Well the joke was on them! After my first business (which I started at the age of 28) became very successful the people at the bank stopped looking at me that way.

Every time I would go to the bank to make a large deposit in my scruffy clothes because I couldn't be bothered to change them every bank employee would look at me with that glazed look in their eyes that says "damn she did it and without any help from us". That is worth more than all the money you will ever make. Hell I'll go to the bank in my f***ing PJs if I feel like it for I am a successful entrepreneur! And I didn't even have to screw one person to get there.

If you'll notice I use the term "real entrepreneur" alot in this post because I want for people to know the difference between a real entrepreneur and some of the people who have been impersonating entrepreneurs. LOL . . . there's a big difference just like there is a big difference between a "real child" and an adult impersonating a child.

Your friend,

Lola:)
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