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Microcap & Penny Stocks : ShellStockReview

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To: thomas_donald who started this subject10/3/2000 3:32:27 AM
From: thomas_donald   of 183
 
10/02/2000 Shell List ALERT

shellstockreview.com

ALERT
10/02/2000: CHIP will become EURB (Eurbid.com)
tomorrow after a 1 for 25 reverse split. We will be
keeping an eye on it tomorrow because of its low
relative market value ($576,000). It appears there
will be about 1.6 million shares outstanding
post-split with a post-split price of $.36. This will
make it an attractive shell relative to other shells
with similar number of outstanding shares and market
value. NOTE: CHIP's market value could actually be as
low as $493,819 depending on how you interpret their
10Q and Proxy statements which account for 34,293,000
shares outstanding. We have called the company to
verify this but have not had a return call.
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NAHC is a very interesting shell. Although a very
"dirty shell" with large unsettled debts, law suites,
and risk; some of the risk has been removed with it
sub .01 price of .009 (ask price 10/02/2000). This is
our lowest priced shell, and is one of the lowest
priced stocks on the entire OTCBB.
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Purchased CHIP, NAHC, SFKI.
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