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Microcap & Penny Stocks : Shells With Cash: Let's Find Them!

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To: Puck who wrote (60)6/19/2000 3:29:00 PM
From: TallTrader   of 67
 
DOCU: .21x.25, 4.2mil O/S, shell after selling biz

O/S: 4,200,000
Float: 2,700,000

New shell with $500,000 cash or $.12/share looking for
merger. Stock has excellent level 2 and is trading at its
10 year historical low.

Spoke with new CEO Bob Schwartz 518-786-7733.

DOCU sold off their assets to TAB Products on 6/12/200 and
now have $500,000 left after paying off all debts. They
are now looking for reverse merger for the corporate shell.
Bob Schwartz is the new CEO for DOCU. He was a director in
the company and was chosen to head up the search for a
merger since he is an investment banker. They did MRGO that
from $3 to $35. He is reviewing several companies now for
the reverse merger (2 dot coms, 1 software company, 2 old
economy). He is getting paid in stock and wants to wrap
this up soon.
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