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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: alchemy who wrote (614)8/13/1997 1:07:00 PM
From: Zeev Hed   of 4736
 
Martin: You may be right about Hunter, but you know that I have no scores to settle with Ebeling. If you remember, you asked me to look at this company when it was north of $.75 and again when it was bouncing back to $.25 from about $.12.

What I see from the company so far, is a campaign to create artificial interest to allow some people to dump their shares. I have no idea how far this campaign will lead, but I would be quite worried.

A week or two ago, a poster postedwhat looked like excerpt from a leag document re: licensing. I was alarmed at some of the provision and I asked him whether he was joking about the 100,000,000 shares to Petrocals. I believe he said it was a joke. Thus, we do not really know what is the arrangement with Petrocals.

As far as I know, we do not even know that the technology works, and from the company's PR we learned that the EM sounder reduces the cost of finding oil by at most, few pennies per barrel found.

Just bringing back reality to this thread.

Good luck to you all, you will absolutely need it.

Zeev
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