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Microcap & Penny Stocks : CAMELOT CORP. (CAML) ANY ONE?

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To: Snowman who wrote (16)9/27/1997 4:00:00 AM
From: Jack Kanak   of 84
 
Folks, I'm not involved in this stock, but since I did hear news on CNBC today about it I stopped to look at how the news was being received.( I did have this stock in small amount as IPO but had no patience)

Apparently the news has not arrived..

Not good news. From the brief report I heard,I understand the SEC was going to be conducting an investigation into the company. As usual with SEC, no reason cited in report.

I hope its not serious, but I know what the SEC has done to GRNO by announcing an investigation last May. No fraud or such was found, but
shareholders are holding 80% paper losses in many cases. Trading now on pink sheets---was an OTC:BB. GRNO expects to be trading there again soon. Got official permit to produce their product in S. Carolina about week ago..

I urge you to follow what the SEC does closely in this case----seems their strategy is to pick small OTCBB stocks to wreak havoc to try to control how news and information gets out on the internet.. Watch'em like a hawk!

Jack kanak

Good luck.
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