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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Riley G who wrote (33)2/7/1998 1:10:00 AM
From: (Bob) Zumbrunnen  Read Replies (2) of 6528
 
Hate to be viewed as a "Negative Nellie", but one thing does strike me as odd....

The company name is now Planet Sports, on nothing more than a letter of intent? Am I missing something here? Letters of intent often become done deals, but they also often don't.

Just seems a bit strange that the company is changing names when "final terms of the merger are currently in negotiation pending completion of a definitive agreement." If negotiations are happening, then it would seem it's not a done deal yet.

Thoughts?
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