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Microcap & Penny Stocks : nhmcf

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To: Harold Best who wrote (351)12/6/1997 6:27:00 PM
From: inchingup  Read Replies (1) of 702
 
Hi Hal!

I guess it's just you, me, and 3998 other people outside the co. that hold an interest in this stock. I too am long....real long and have bought all the way down from 6, and now am about a 1/5000 shareholder.
However, I am not crying about the little bit of inconvenience this dip has caused. The reason I bought in the first place was that it LOOKED like the company was doing all the right things:
Getting into a field that has extreme growth potential, signing a 10-year distribution agreement with SYSCO, buying companies that supply the items NHMCF packages, (to reduce costs of course)and signing up independent (I think) distributors (200)to sell the product. I too was fortunate enough to receive a call from Dexter within 15 minutes of the time I e-mailed them for further updates. I did not ask about stock price, as we all know that probably is something that is too late to worry about, but the one pertinent fact he mentioned was that it takes from 12 to 24 months to put these sales agreements with the end user in force.
As my company has the same problem with commercial accounts, I believe that this is probably the reason for the delay in sales.
I am not recommending this stock to anyone, not involved with NHMCF or any agency related to them. I am just a small investor looking to purchase stocks that have a good upside potential, and are not boring.
Case in point, also own REFR and just bought in on the low end of FNCLY. Good hunting!! Gary
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