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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: ronco who wrote (1339)9/23/1997 12:16:00 PM
From: Brian Fuller   of 1985
 
<< JTS remain accountable to her investors>>
Please give only one example of JTS ever having been accountable to 'her' investors. Having been a shareholder over the last year it is quite obvious that Tom Mitchells message to the sharholder is "bend over and drop your drawers".
<< Money is not a problem for the company>>
They are weeks away from running out of money. They are in default of their financing covenants. The reason that money is not a problem is that Mitchel has never been afraid of diluting sharholder equity.

I do however see the light at the end of the tunnel. I would not be a buyer here however. The risk reward is totally out of whack versus waiting for some verifiable sign of progress (or even stability in share price).
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