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Microcap & Penny Stocks : RMS TITANIC INC (SOST)
SOST 0.005900.0%Sep 27 5:00 PM EST

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To: Sam Biller who wrote (209)4/4/2000 2:37:00 AM
From: Michael Paul Langley  Read Replies (2) of 217
 
Sam, thank you for all your great research on SOST. That link you provided was very informative and (IMO) could be a MAJOR turning point for this Company (Under OLD mgt Sost didn't turn up on the radar screens of many individual investors as they totally neglected shareholder value issues). I especially like that statement that less than 5% of the artifacts from the wreck have currently been salvaged to date. Remember the artifacts that are salvaged to date are only accounted for on the books as to the cost of recovery (not fair market value) .
I believe that SOST someday will market some of the artifacts to recover some of those costs of recovery and could give its shareholders a cash dividend in the process (or buy back shares for instance). If I survive this recent bloodbath in the NASDAQ I will strongly look to initiate another position in SOST (that I will probably hold longer term (buy both a trading position in the stock and some for the long haul).
P.S. sorry for not responding to your e-mail in a timely manner.
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