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

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To: Jim Bishop who wrote (21846)1/24/2000 8:03:00 PM
From: Big Bamboo  Read Replies (1) of 150070
 
Everyone may want to look at (NHLT). Company will go from $3.5MM in debt and no cash to $-0- debt and $2.9MM in cash and assets. They are going thru reorganization and the final plan is being filed. Stock is trading in the .05 - .06 range and should pass it's old high of .59 once the deal is completed. IMO the deal could be completed in the next 30 days and at worst case by March 31st. This company will have new management and become a new company. They just replaced companies CEO/President who was the reason for the companies past failures. I have been in NHLT for over two years and plan on being in for another 2 years. Company should be profitable for the first time by March 2000.
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