SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)
EXSO 0.00010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FARRIS who wrote (3380)12/13/1997 7:22:00 AM
From: ChrisJP  Read Replies (1) of 5015
 
As predicted, tax loss selling is bringing EXSO down little by little. I hope Rosario saved some money to buy at these levels.

Farris, everyone gets bent out of shape at the mention of a reverse split, but with conversions done, and a supportive management, I would not be against a reverse split. Company management is trying to make EXSO succeed; they've proven they can be profitable on $6M quarterly revenue. They have breathing room regarding debt payments. The question we all have is what is the status of their backlog ? We need an indication that their cash flow is going to continue.

A reverse split announcement might cause some initial selling, but if the fundamentals are ok, EXSO will recover. How much would you pay for a company that can prove it can earn .06/year ? More than 14.5 cents I'm sure.

Just my thoughts,
Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext