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Microcap & Penny Stocks : JAVA: Food Concepts, Inc.

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To: Jim B who wrote (136)9/9/1997 9:21:00 PM
From: Beermeister   of 214
 
Somebody is buying, and selling it because it traded at 4,000,000 plus shares today. Apparently what is going on is positive because we moved a little to the upside today with no news! As you will notice the latest 10-Q has very little information other than to show assets of $300,000 plus and liabilities of $90,000 plus. This is positive. A reverse split doesn't scare me unless there is intended abuse. It seems that the company simply wants to get noticed and knows it never will at a stock price under a dollar. The company is currently profitable. A profitable company with a reverse stock split? Unheard of. I would love to see what happens when it gets recognized as being profitable. Either it is going to get acquired by a large Australian company or it will make it on its own. For those who can hold on, it is highly recommended, that you continue the hold. Follow something else for a while and then come back and follow this. I hope explosive things are happening here!!!
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