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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (15787)12/4/1999 5:01:00 PM
From: Jim Bishop  Read Replies (1) of 150070
 
From the RB Reporting Shell thread:

By: ShellGeek
Reply To: 199 by neilyoungg
Saturday, 4 Dec 1999 at 12:12 PM EST
Post # of 203

re: NEED SOME ELP:

First of just my opinion, I have no confirmable knowledge of the background of activities of any stock and try to base my actions
accordingly

CDNO

Plenty of downside risk and upside potential, this is in play right now and to the surprise of many it never took off. The reason to me is
simple. The filings show assets of around 7 million and liabilities of around 27 million and the latest PR points out a possible dilution of
almost 750,000 million shares worst case. A bunch of postings were referred to where someone spoke to management and they
claimed the liabilities were taken care of. To date, I have not seen any confirmable documentation that explains that 20 Million $$
deficit. Answers will come with time, but right now its who do ya trust!

CHIP

From what I can tell the shell looks cleaned up and the paperwork is up to date. It looks like about 25,000,000 outstanding. In the
annual, the company has about $1 Mil in liabilities but has about a 2.5 mil Tax credit available for the next decade or so to offset this.
Been trading around 1.5 cents but has popped up and is got near 3 cents.
May be a long term hold if you can in around 2 cents. One caveat, this company has a history of lawsuits which none appear active.
Read the filings!

CCCZ

In play with rumours of news in January. has been trading close to a nickle but has been flirting with a dime this week. They are
advertising for an RM. Advise is to not chase this but re-evaluate on the dips. Shares outstanding appear to be in the barely double
digit millions.

other watches:

KLYS

Clean shell with about 2 million in debt but a 4 million potential credit to offset future tax positions. About 50 million shares outstanding
which is a bit high but not unreasonable. It is the opinion here that a larger issue is not neccessarily bad for an RM candidate as it may
let insiders accumulate before others notice. Recently ran to .04 on some excitement but is back to .03. Longerterm, the price has
been steadily decreasing and is near lows. This is interesting for the fact they the company is up to date on paperwork but has not
advertised itself as available. Nice play if you get in under .03 or .02's if you are patient.
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