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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: KEITH MCGEE who wrote ()1/16/2000 5:29:00 PM
From: stuart34   of 2278
 
Greenland has new managment (Jan 99). CEO Lee Swanson decided the meter-reading technology was too cost-intensive
for Greenland, and sold it. The technology for the Check
Central ATM machines has been kept, proven in a beta test,
and marketed. That technology shows great promise and has caused: 1. A partnership with Sprint and Cisco 2. A distributor agreement with ATMI. 2. A secondary agreement
with ACS and has a real potential to capture a significant
share of one and a half billion dollars annually. Even 5%
in 3 to 5 years is significant. Greenland can automate an
expensive process with proprietary software and make it much
more cost-efficient to do business. It's simple to market,
(a sign in the window draws customers). And very very lucrative for all concerned. So for the first time Greenland
is bringing their own product into an established market.
Much remains to be seen, but much has begun, which is why
(I believe) the increase in price and volume. Corrections
may happen, but levels have been passed without the usual
manipulation, as evidenced by the volume. Stuart 34
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