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Non-Tech : Shearson Financial Networks Inc.
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To: TheAccountant. who wrote (128)7/19/2007 9:37:50 AM
From: TheAccountant.  Read Replies (1) of 314
 
VERY INTERESTING RESEARCH......................................

I just recently finished scanning over 300 penny stocks price ranged between 1 and 2 cents.

I used the web site finance.yahoo.com for that.

Out of those 300 plus companies I scanned, 72 of those companies reported their financial statements with the SEC.

I examined all 72 of those penny stock company's balance sheets and other financials.

Here's what I found

39 companies had assets less than 1.5 million dollars

19 companies had assets less than 2.5 million dollars

9 companies had assets less than 5 million dollars

5 companies had assets less than 10 million dollars

SFNN HAVE ASSETS OVER 30 MILLION DOLLARS. From 300% to 2000% more assets than those other 72 penny stock companies.

The fact that all 72 of those other company’s price per share are all trading from 500% to 1000% higher than SFnn's price per share is BS and you all know it.

Just about every last one of those 72 penny stock companies were crap, with no income, no cash, low assets, and no product of any real value.

The bottom line is aside from this housing industry crap and arm's crap that'll eventually go away- - -SFnn could put every last one of those 72 penny stock companies to shame.
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