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 : NUZA-bb, is it a future gainer

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert c. pickard who wrote (51)10/1/1996 1:56:00 PM
From: BoNg-N-BoNg   of 228
 
TO ALL.....

NUZA filed for extension of 10k/10q fiscal 1996 report as of sept.27.
extension is good for 2 weeks and they are expecting to file it within
those period....latest reports indicates a LOSS FOR FISCAL '96 is::

>>>>>>>> NET OPERATING LOSS FOR THE
FISCAL YEAR ENDED JUNE 30, 1996 OF APPROXIMATELY $1,200,000.<<<<<

this loss is unaudited confirmed based on SEC filing as of 9/27/96

my conclusion is there will be an upward momentum on stock prices
for the next few weeks.....the currently stock price reflects the loss for
the year already, so this will stabilized the stock itself and will support
any upward trend.....especially with more GOOD NEWS that will be release
for the next 3 months concerning about future stores and mergers...

the stock is undervalue at the moment...expect to hit atleast .60 cent
a share before the end of the year......expect to hit $1.50 range by
the end of june......

note: expect to have a breakeven for 1st qrt. of '97 (might show a meager net profits) which end on sept. 96
then profitable net earnings for each quarters should follows until the end of fiscal '97

just a thought...
foOLish eL......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext