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Microcap & Penny Stocks : SVCDQ, temporary board?

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To: Arthur Tang who wrote (28)3/8/2000 6:35:00 AM
From: Arthur Tang  Read Replies (1) of 66
 
Greentag strategy will work, SMC's business is on Saturdays and Sundays not weekdays. But they are waiting for Gap? If Gap doesn't come stockholders will still have a chance.

GAP and Old Navy sounded like a sure thing believed by management. Which means Fleet Retail has the pull and Robertson, Stevens who underwrites it has a plan, worked out by Cusano. The performance may disappoint both.

Nolo is First Pacific adviser, may have to file 13a. He should give stockholders a chance.

Stockholders will be bilked by $10,000 bankruptcy lawyers who usually charges $500 to file a chapter 11. Try trustee first and take their advise, and which lawyer to use. Ron Jones take notice. You can visit the trustee's office any time. Take their advise what to do, at least you will have a friend who knows what the procedures are. They can open doors.

Robert deserves a medal because gathering the information clears up the picture. No one has a bird eye's view of the ending. Everyone has a plan. But the plan is not firm until some things happen. Nothing is etched in stone. Gap is the key whether stockholders gets wiped out.
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