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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: alchemy who wrote (806)5/17/1997 11:49:00 AM
From: Zeev Hed   of 1480
 
Marty: Someone needs to explain to me this company. They have 5 MM shares outstanding and the the price is $.25, so their market capitalization is $1.25 MM. But they are actually carrying on some drilling, which means they have got some money to drill. Anyone here knows how much money they have in the bank? I was not able to find any financials on the net.

Zeev
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