Capital Alliance Group - CPT (CDNX) Message Board

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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: marcos who wrote (446)	7/11/2000 2:04:47 PM
From: keith massey	of 960

Marcos If you add up the "arithmetic" from the both the CIBT listing and the SEG IPO it really is a stunning number. I don't want to post my total figures for CIBT and SEG together since it is to large and will almost sound like hype. However I am sure most people know how to use a calculator and can figure it out themselves :) What's with all the paper coming out?? I made some phone calls because I was wondering the same thing. From my understanding there are a few 100K shares floating around that were purchased by a couple of groups last year at a lower cost (before the run-up) that have been coming out onto the market over the past very weeks. This explains the recent weakness in the stock the past few weeks and today’s overhang. I did notice selling from several houses over the past several weeks that have never been players in the stock (e.g. Haywood, IPO Capital) and now this action makes sense. These groups are not directors/insiders of the company but outside groups not affiliated with the company. In fact the directors/insiders have been largely buying/holding through this recent rally. I guess with the hit some people have taken over the past few months it is necessary for these groups to sell some stock that is in profit to cover margin calls, costs, etc. In my opinion this selling doesn’t reflects the fundamentals of the company but just the need by a few groups for very quick cash. I have been informed that this overhang is being cleared up very quickly. We now have over 177,000 shares traded so I would expect that we have already seen a good majority (or all) of these shares cleaned up. Looking at the depth right now it sure looks like the selling is drying up since I can see $1.99 on the offer. I am not in this for a very short term flip on news so today's trading records don't mean that much. If you look at what this news means a few month down the road it is amazing. When China gets into the WTO this fall there is going to be a huge promotion of all stocks in China. We will likely hear non-stop talk on CNBC, CNN, etc. about how great this is for foreign companies and how this will greatly accelerate growth in China. At that point CIBT will have a new listing in the US with an very tight structure (low float) and have the perfect business to benifit from this foreign rush into China. Plus by that time the Government will likely announce the approval for granting of degrees online which will draw attention to the E-Learning sector in China. Around the same time SEG will be doing their IPO onto the GEM exchange which is another major event. Nothing like a one-two punch. The official launch of the SEG website is happening later this month in Hong Kong followed by the advertising blitz (thanks M), new broker announcements and front-end launch so we have lots of things happening between now and then to keep us moving. I would also expect several good announcements from CIBT between now and their new listing. The next 4 months should be very interesting.

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