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Microcap & Penny Stocks : CHTL - Things Dreams Are Made Of.....
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To: Steven Marshank who wrote (283)12/2/1997 12:01:00 AM
From: Norrin Radd  Read Replies (1) of 746
 
Steven, they said in the 10Q that they shipped $1.5 million of Ethocyn in October alone, so that is a positive which they may be able to build on.

Time will tell if they can keep expenses down and spend a moderate amount on advertising to expand sales. I think it will help margins on US sales if Stanson is out of the picture which they are working on accomplishing. The Asian distributor situation needs work also. They should be replaced IMO and it will take time to work this out. The Reg S conversions have probably greatly expanded the float, nobody likes this.

CB may actually have learned from her mistakes, I expect to find out in any case. I hope she sees her best interest in keeping the company out of Chapter 11 by paring expenses to be consistent with revenues. This past report gives me some hope that this is possible but if the picture looked good, nobody could buy this stock at these levels.

Still, I think the company will survive. That is the gamble.
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