The Chadmoore Wireless Group (MOOR) Message Board

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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR)

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To: MARTY HOROWITZ who wrote (684)	1/20/1998 11:55:00 AM
From: John R Resseger	Read Replies (1) of 1651

Stock is moving up today. Someone on AOL reached MOOR. MOOR said rumors spread on AOL were false. Moor said they have been able to receive financing using their SMR licences as collateral, without diluting the stock. I think they have 8500+ SMR licences. They sold 55 in Alaska in November for $.5m. The last qtr. report, The accountants insisted MOOR assume the worst case senario in regards to losing unbuilt licences. Because MOOR built out so many more than the worst case, the loss reported will be adjusted downword ( smaller loss) in the next report.

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