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Microcap & Penny Stocks : NetCurrents (NTCS)

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To: StockDung who wrote (188)10/13/2000 12:37:16 AM
From: rjm2  Read Replies (1) of 199
 
Looks like these folks are getting involved with LACI, a cleanish shell.
There is talk they want to merge mcyc into it.

"Note NTCSs CFO is a new board member of LACI, which suggests his group bought the late founders stake & controlling interest.

I own LACI from long ago. Figure they might pump it and I can sell into their hype. Comments ?

"Latin American Casinos, Inc. Announces Resignations and Appointments to Board of Directors
NORTH MIAMI BEACH, Fla.--(BUSINESS WIRE)--Oct. 2, 2000--Latin American Casinos, Inc. (Nasdaq:LACI - news) ``The Company'' is announcing today that Geraldine Lyons, Jeffrey Felder, and Angel Garcia have resigned as members of the Board of Directors. Todd Sanders, William Bossung and Michael Iscove have been elected to serve as members of the Board of Directors until the next annual meeting of shareholders.

The Company is continuing to receive an excellent response to it's e-commerce site for it's subsidiary, World's Best Rated Cigar Co. With the opening of www.worldsbestrated.com, the company is looking toward continued growth in our cigar business."

For me LACI was a value play that did not work out. Then they gave MHMY huge warrants at cheap prices and THESE are what they come up with !"

Sounds like the exact kind of things I expose...but I own the darn stock.
What do I do ? Hold my nose and hope they hype the crap out of it ?

Should be an 8-k or 13-d soon.
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