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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA
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To: daViking who wrote (1371)12/8/1999 7:28:00 AM
From: ghostme  Read Replies (2) of 1622
 
Poor / Non existent communication is the reason NUOA is @ .025.

I honestly don't know why the company doesn't report something.

What I do know and believe to be accurate:

1) Currently the Hammamet Casino is open and not doing as well as anticipated. As area grows (more hotels) business will improve.

2) Cap Gammarth hotel operating and doing well. The Big casino is NOT open yet. This entire complex should have been completed almost 3 years ago. The developers FAILED to complete the complex. NUOA sued in a Nevada Federal Court and was awarded 300 million dollars in damages. The company is waiting for the appeal window to close before pursuing collection in Tunisian Courts. The Cap Gammarth complex will be the BIG MONEY for NUOA via OAIS. Additionally a $100,000,000.00 loan to complete the complex is being finalized.

3) A Korean resort is being planned.

4) OAIS has planned a Wendover Nevada Casino to be open for the 2002 Olympic Winter games.

5) Fred Luke has Millions of his own money in the company. This by itself would be reason enough to invest in NUOA. Fred will make NUOA successful.

6) I've been it the stock for 6 1/2 years. The company still exists. I trust NUOA management. Fred stated in the beginning that he saw NUOA (NONA at the time) as a diamond in the rough. His intent is to make NUOA a Billion Dollar company.

Jeff
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