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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote ()11/11/1999 1:08:00 PM
From: Loren S.  Read Replies (3) of 9440
 
I've been accumulating BAOA lately. BAOA is a reporting stock with about 63 million shares outstanding. They have been trying to build a call center business for a couple of years but have been having major financing problems. They are currently working with the Atlanta Empowerment Zone (AEZ) to obtain a pre-approved loan of $3.2 million. They own a building in a run-down section of Atlanta and have been trying to get soil testing and other AEZ loan requirements met. DD of folks on the board indicates that BAOA has been moving forward in getting soil testing and other needs met. There are some hidden rumors going around about big investors buying in but I can't verify any of this stuff. The downside of this stock is that insiders hold very little of the 63 million outstanding shares. But at $.03 this has huge upside if they get the loan or any other positive developments occur. This one is one of those make a mint or lose your shirts stocks. Extreme speculation.
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