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Technology Stocks : EISQ: Electronic Identification, Inc.

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To: Snowman who wrote (39)1/30/2000 9:18:00 AM
From: dacoola  Read Replies (4) of 213
 
You are right...the next few days will be a feeding frenzy and I will be in it.I have never invested in a company (including a number of BBs) that had so little information available. Therefor, there are a number of things here that bother me somewhat:

*This is a OTCBB stock and basically can elaborate a press release more than a reporting company.
*Where are some audited finance numbers?
*What is the deal with the Rights Offering...how many shares are involved? How can this be submitted to the SEC without audited numbers.
*If H/P is committing 4,000 people, it is amazing that they haven't announced it to their shareholders.
*How is this company financed...do they have any toxic floorless convertibles? Most BB companies in Vancouver do have at least one.

Don't get me wrong here....this looks like a great opportunity. I just am saying a little caution on BB stocks and a ton of DD can save a lot of money in the long run.

Hell, I am in for the ride....let the festivities begin.
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