SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DACQ - Here we go again?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Kennedy who wrote (3211)9/20/1997 12:50:00 AM
From: John Fairbanks   of 3501
 
I wish you guys the best... especially since I still own some, but I
see a couple of problems with this stock:

1) The people who run the company should be in jail after the mine
scam (IMHO) and you can trust them about as well as you can get
ahold of them... which is close to not at all.

2) This company owns absolutely no assets... not even enough cash
to come up with an SEC filing less than a year old.

3) There are AT LEAST 60 MM shares outstanding and maybe as
many as 200MM... for a worthless company that's quite a bit and
will at the very least require a big reverse split.

I hate to be a naysayer (Geeze mntres, if I even start to sound like
Kugler let me know!!) but I have a hard time believing my shares
will ever be worth enough that it will even cover the commission
to sell them.

It is at least good to see some of you DACQeries again after all this
time! and good to see some action on the thread!

-John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext