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

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To: musicguy who wrote (8864)11/20/1999 12:58:00 PM
From: Jim Bishop  Read Replies (2) of 9115
 
<MEMO I may try for some .08 shares on Monday>

You figure this is bottom? Any comments on this, from the 10QSB?

"On October 22, 1999 the Company filed a new Plan of Reorganization and Disclosure Statement. The new Plan is proposed as a cramdown on unsecured creditors and shareholders. This Plan will effectively cancel all equity interest.

The U.S. Bankruptcy Court judge has scheduled a hearing on December 13,1999 to review the Debtor's new Plan of Reorganization and the U. S. Trustee's application to convert under Chapter 7 liquidation."

I dunno, I think I'd wait to see what happens Dec 13.

216.32.224.100

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