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Gold/Mining/Energy : Ecoprogress Canada Holdings Inc.
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To: John who wrote (30)1/13/1998 10:46:00 PM
From: Veteran98  Read Replies (1) of 48
 
John

EPO is a real company with real sales, real products etc. something not too many companies on the VSE can lay claim to. Unfortunately while the there has been some success in building the company, the same cannot be said for the market end of it as this has been bungled completely. There are many companies listed on the VSE that wouldn't hold a candle to EPO as far as accomplishments go yet their market cap is much higher mainly because the promotional capabilities of the people behind these companies are somewhat superior. Although many people don't like to hear the word promotion the fact of the matter remains that promotion is a necessary element if any speculative company is to survive and raise financing. I don't know where the stock that's hitting the market is coming from however it is either coming from those who have thrown in the towel or more likely it is stock going from the old guard to the new group who will be doing the financing. Of course this group will want to do a financing at the cheapest level possible so at .04 and assuming a 1-5 rollback these people are in effect getting free-trading stock at .20. As for the roll-back the company has approval for doing an up to 1-10 rollback which doesn't neccesarily mean it will happen it could be anything from a 1-2 up to a 1-10 whichever they decide on, in any event a roll-back at whatever terms is inevitable. What the stock will do after a roll-back is anyones guess and will in all liklihood be influenced by the capabilities of any new group that gets behind the company and most importantly the level of sales and profit the company is able to achieve.

Harry
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