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Microcap & Penny Stocks : BMKS More internet acquisitions in 2000

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To: Evan who wrote (847)11/8/2001 9:09:53 AM
From: Evan  Read Replies (1) of 1453
 
From RB :

You are taking the longer view. I got out of BMKS at 5 cents at a loss, then when the 144 selling started and when it hit 1 penny I decided it was worth a lot more than that and got back in for 300K. I still think it's worth at least 5 cents with the present business model if they continue to cut overhead. There is still some 144 stock out there left from the 14 million sold by TBF, at 12.5 cents a share. What these 144 people do will control the stock price in the short term, the current filing to sell 600K expires November 30. I think they would do better as a part of a larger company who would add value to there product line and would appreciate the 20 employees. Goeff and Joy could take whatever stock or cash they get out of it and move on to run more gaming machine startups. The other director Bob is 68 and I sure he like to get out by recovering some of the worth the company had last year. At 5 cents they would each take out a $1 million plus. The rest of the team have minimal stock and would be better off with a newer, larger company.They tried to do this once, with WSMI, but got scammed along with the rest off us.
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