Buying opportunity - Market maker out of business Message Board

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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote (24)	1/12/1998 2:46:00 PM
From: George McMeen	Read Replies (1) of 472

ISON (not all that it seems???) Doug, checking Edgar Isonics SB/2 will reveal a bunch of different placements (when you get down toward the bottom). After all the employee stock and new issues go out of lock-up, there may be as many as 8 - 10 million shares outstanding. It seems ISON is _dependent_ upon a single supplier of "their" product. That is, a company either owned or operated by the Russian Atomic Energy Commission produces what Isonics sells. Once a year, (in February), Isonics hammers out a new year long contract with this Russian firm to produce and supply them with product. If this Russian firm is privatized by the Russian Govt etc... Isonics may be in grave trouble. Knowing that a Russian firm produces all of their Zinc product and seeing less than 40 employees listed on yahoo leads me to guess that Isonics may be more of a "middle-man" distribution type company than owner/monopolist. I spent less than 15 minutes reading Edgar. I thought I would post this in the event you didn't know. Cheers. George

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