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Microcap & Penny Stocks : nhmcf

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To: bullmarket who wrote (295)11/19/1997 6:05:00 PM
From: Harold Best  Read Replies (1) of 702
 
I thought we had seen bottom at 3.00, however, we took the biggest drop today..now at 2.75.

I am still holding with the hope that this is only temporary.

My concern is that there is legislation in Canada or U.S. that is having a negative impact on the healthcare industry. Is is possible that the healthcare industry is going through a consolidation process that could impact NHMCF in a negative way?

We had a recent belt tightening on health and education funding by the government here in Canada. Is the same thing happening in the U.S. only in a bigger way? This would certainly impact the ability of the hospitals and healthcare agencies to make purchases from companies such as NHMCF

Is is possible that one of their patent applications has not been successful or that they did not receive approval for their products in parts of the U.S.?

I would appreciate any news possible. This just does not make any sense considering the sales volume and revenue increase over the past year..unless unexpected market changes have occured, which is my worst fear.

Hal
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