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

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To: Jim Bishop who started this subject12/15/2000 12:57:12 AM
From: Jim Bishop  Read Replies (1) of 150070
 
DPCH/DCPI I hope Lance doesn't mind me moving this over here as well. It pretty much tells the story IMO.

ragingbull.altavista.com

By: lancebps $$$$
Reply To: 446 by mktmkt $$$$ Thursday, 14 Dec 2000 at 1:50 PM EST
Post # of 485


mkt- yes i said i was going to get to the bottom of it
and last night i sort of got my answers..there was a paid promoter who was given 200k free trading shares and there was a guy who was given 500k shares for putting the company and sell together..and after watching that fltt did not move for 4 days on what was suppose to be a non existant float and taking every single order possible,it is of my opinion that this was a classic pumpie n dumpie and that there is an endless supply of paper to be sold before this ever moves...how can a stock have a float of 200k shares when 750,000 is being held by a promoter and the guy who put the shell and company together...
you are right,you make money and you lose money,today i took what is 8 days worth of work to make up and moved on..

DILUTION-i think to the extreme...but,then again in the otc that is not something knew...i called the ceo and asked about it and all he did was refer me to the guy who is probably selling the shares into the float..
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