IMMM ( I'm Mad Monk) Message Board

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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: bob who wrote (1440)	7/13/1997 6:25:00 PM
From: per strandberg	of 1480

Bob, Things look the same, just worse. I have read the press release a couple of times but the new actor on this stage, North American Drilling Fund, seems to be playing a very diffuse role. It is supposed to be run by Petroclas, but what is NAMX' part? Is Petroclas going to have all the fund? 1000+ barrels a day is not chickenfeed. Assume $5 profit/barrel, half of 40% going to NAMX, a PE of 10 and 50 million shares. This should increase the share price by about 8 cents, at least short term. Can we get Prime Capital to state this in writing or should we rename them Crime Puppetal? Regards ps

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