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Microcap & Penny Stocks : Scriptel Holdings, Inc (SCRH)
SCRH 0.00010000.0%Jul 24 9:32 AM EST

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To: Jeffrey Beckman who wrote (60)5/13/1997 2:52:00 PM
From: Patricia Smith   of 159
 
Jeff,
I asked Ed Palmer at Scriptel today if he knew why there was such heavy volume and he said they had no reason. Sometimes they have periods of heavy voume, sometimes light. It might be some investors trying to stir things up. It would be great to see it continue. According to Ed, they've sold to 2 Pentable (?) companies and one notebook company, and everyone is happy with the product. The NCR business with the post office has been put off until July/August because of software problems at the post office. I asked if they had the capital to produce the product, and he said capitalization was on an ongoing issue, but shouldn't be too hard at this stage. They have been in business 14 years and now have orders. I didn't realize insiders hold less than 3% of the shares of this company. It wouldn't be hard to buy out if someone were interested.
Pat
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