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Gold/Mining/Energy : Revere Communications (RVC:Alberta)

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To: Sapper who wrote (1)2/16/1998 9:18:00 PM
From: Sapper  Read Replies (1) of 44
 
Spoke with Danny Alex from Revere the other day.
There are 10.3 million fully diluted shares including 3.8 million in a performance type escrow. He estimates the trading float at 3.8 million.
It seems that they will be releasing some "substantial" PRs in the next couple of weeks - possibly more on the Telus Corp partnership as well as some acquisitions.
Revenues are estimated in the $1.5 million range for the year ending 31 Mar. They are not in the black yet however. Revenues for FY 98 are projected at $10 million according to their business plan.

I've done some digging and have been able to identify which Brokerage Houses have been Paper Pushing since the start of public trading in 1996.

IMO there seems to be some stock cleaning and accumulation going on. This looks like it's ready to make a move . . .
Can anyone else help out here? Additional DD, background info, or comments?
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