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Microcap & Penny Stocks : PCTR-Perceptronics

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To: GARY P GROBBEL who started this subject6/13/2001 10:51:16 AM
From: SgtPepper   of 710
 
If anyone still follows PCTR here's the latest info, complements of J. Navarro via Raging Bull. Third installment on Global Alpha purchase for Mr. Abdullah was announced last night. MM's stepping over each other to buy shares this morning. No sellers in sight.


"Here's info I've found on the net.

Global Alpha Corp is a child company of Global Acquisition Corporation;
Abdulaziz Bin Fahad Bin Abdull is the owner of Global Acquisition Corp.
The company was setup by a well known law firm in the British Virgin
Islands, Harney Westwood & Riegels. It appears the company was setup
purely as an investment vehicle for Bin Abdull (guessing), and his intent
was to obtain the right to purchase a controlling interest in the company
(not guessing - see link secinfo.com

Here's a link for law firm: harneys.com Do a search on google...
lot's of info.

Here's the only link I found referencing Abdullah:
ttcweb1.ttc.com If you look at Middle
East distributors, you'll see a company named FAMA Trading Co, Ltd. listed
which has same exact Riyadh P.O. Box address as the one given as
Adbullah's biz address.

A couple of interesting points (to me, anyways). 1. Adbdullah entered into
an agreement to acquire the right to 60% of the company at a cost of 3.2
mil, while the company's entire valuation is currently only 2.3 mil.


2. The agent that put the deal together for him, Harney Westwood & Riegels, is
also the agent for a Mountain View company, openTV (www.opentv.com) -
don't know that this means anything at all, just found the coincidence
interesting.
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