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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: dtown1 who wrote (66180)10/4/2000 5:38:34 PM
From: Wayne Rumball  Read Replies (1) of 150070
 
COOX last day to buy seems to be Oct 9.

Careful though. It appears to be a shell. If they do not have a R/M partner ready there would be no real reason for it to go anywhere.

The F/S will take the total outstanding from 250,000 shares to 25 million, which is the total authorized. That in itself is kind of strange (aside from the 100:1 split).

If it is nothing but a shell and has no R/M set to go, the current market cap of $2,750,000 is a little steep.

The shell seems to be quite clean and it seems that a large portion of the 250,000 shares might be restricted.

Having said that, who knows what insanity might rule. I'm in at $4.50
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