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Microcap & Penny Stocks : KTNV ** Profitable and Undervalued

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To: daddydo who wrote (2)2/14/2000 12:50:00 PM
From: Dave Gore  Read Replies (1) of 132
 
** Excellent conversation with Michael Branch, I/R

I just finished a long and enlightening conversation with Mike Branch I/R. I strongly suggest all call him. He impressed me and had all the answers. After speaking to him and seeing their newer PR's and filings, this feels more like a $10 NASDAQ company than a 25 cent OTC/BB one; even the receptionist at the main company number is professional.

CONTACT NUMBER:
Michael A. Branch, Director of Communications, 405-767-9185,

MORE INFO:
CEO has exc. experience; focus is on profits and wells that are producing, and not just acquiring an interest in flashy properties that sound good but never get developed (as seemed to be the goal of old management).

Reserve Reports by American Petroleum in Denver (and required by the SEC and Toronto exchange) show that their breakup value is more than 70 cents; Mike is sending me the summary of that report.

The CEO is experienced in developing properties and managing large portfolios. He was with Sonat where he had 1.6 Billion worth of property under his control; also with Texaco and St Paul Insurance.

There are plans to add sigificantly to the assets of Cotton Valley.

The shareholders meeting on Feb. 28 should get this company even more attention. I think this Company is on its way up.

**

As always do your own DD; suggest all call Mr. Branch to get more familiar.

Shares O/S have climbed to 106M but that is because many warrants have been exercised. That has brought additional funds into the company. Plus oil-producing property interests have been acquired with warrants or shares. May not be an ideal number but I think in this case it makes fiscal sense because they are growing the company impressively, imo. They hopefully want to do a share buyback at some point when it makes sense.

By the way (before you ask) there is no talk of a R/S
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