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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?

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To: Geoff Coates-Wynn who wrote (530)6/25/1997 11:17:00 PM
From: wooden ships   of 751
 
(off topic?) Something of possible interest to you, Geoff, from
that small cap investor site. It is the text of a post from another
thread, but certainly has relevance to all of us who tarry at
"Small Cap Casino."

To: Truman Bradley (1846 )
From: Truman Bradley
Jun 25 1997 11:04PM EST
Reply #1853 of 1853

The following excerpt is taken from a site on the internet
which provides a wealth of information and advice for the
small cap investor. The site is:

financialweb.com

How many of these red flags could we have checked during this
noxious ride on Carousel Vancouver?

"Possible warning signs in microcap stocks.

1)The company recently did a Reg S or Reg D offering that is convertible
into stock at a percentage of the stock price at the time of conversion.

2)The company doesn't provide financial information to investors.

3)The company recommends that you buy its stock.

4)The company or someone else tells you that the stock is going to be
hyped in the near future.

5)The company or someone else tells you that a great press release
"about to come out."

6)The company or someone else tells you that the company has an
incredible new product coming out "soon", which can't be verified.

7)The company claims that it trades on the "Nasdaq Bulletin Board."
(There's no such thing. The OTC Bulletin Board is not run by
Nasdaq.)


8)The company issues massive amounts of stock and options to insiders
and their relatives.

9)The company spends a significant amount of time and money promoting
the stock.

10)The company has almost no revenues but pays its top executives several
hundred thousand dollars per year."
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