NICM (National Institute Companies of America) Message Board

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Microcap & Penny Stocks : NICM (National Institute Companies of America)

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To: bruceski who wrote (35)	5/21/2000 9:25:00 PM
From: MicroKing	Read Replies (1) of 124

Valid questions on my part without trying to offend. Thanks for responding. I knew I was missing something. Your numbers are correct about Oxford, 5 mil shares and 1/2 this years revenues. What confused me was that they sold GFP in 1998 and still released news about GFP and MBHC's book value of approx. $1.43 (same release) in 1999. You are also correct about the 9-10 mil in carry-forward losses. If I understand correctly, GFP is no longer an issue with NICM. I do have some more questions concerning the "issuance of stock to subsidiary" between 1998 - 3/00. I will post soon. I hope you can help me to understand as before. Don't get frustrated about my questions. Fully understanding the Filing is important to me. And yes, I have read filing 4 times and will re-read again.

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