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Microcap & Penny Stocks : NVID International

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To: Eric Savage who wrote (2394)	2/6/1998 10:18:00 AM
From: s martin	Read Replies (1) of 3244

Eric you mentioned the insert in the investor package, were you one of those 200 investors who bought stock directly from Klenovic or Bunte ? I am also curious about how direct sales were made to the 200 investors mentioned. >>About 200 investors bought NVID stock directly from Bunte and Klenovic, who are both alleged to have taken the money directly out the back door and used it to buy expensive Sarasota homes. Some investors paid 50 or 60 cents a share, which would have been a retail price. Others, including public relations companies and other business associates, received stock for pennies and may have aided and abetted the hyping that was going on. The rest of investors -- estimated by prosecutors at 800 or more -- bought and sold stock on the over-the-counter market. Some actually made money as NVID ran a volatile course from 50 cents to 90 cents before plummeting to its current level of 4 cents a share.<<

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