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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: Stephen Y. Shapiro who wrote (466)2/28/1998 10:31:00 AM
From: Ga Bard  Read Replies (1) of 1140
 
Ok Stephen I have and most know me I am a deliberate researcher. Yesterday I finally got my new system up and running and was trying to find another sleeper for a long. I discovered LAAQ and talk to Fasano about this stock. Much to my surprise this is an extremely impressive company small float, product already on the store shelves, website avout finished for on-line shopping and deals coming to and on the table. I asked about SEC filings and was informed that being fully reporting was part of the business plan. I was not able to lock him down on a date. I discovered that 300000K tripled the stock price. Which equated to an average of $21,000.00 dollars. Now you have to figure the few sells and it took only about $10,000.00 to do what this did. There was some selling at ,08 - .10 which was a double out for some but because of the amount of stock it took to move this stock I believe the float is much smaller than 4M. As I have continued to check this one out I have found that out of the 2M the comapay holds about 2M. Now that leaves only 2M in the float which is verified by the small amount of volume it takes to move it.

LAAQ bought What-a-product that is sold in stores out from Ron Poipel the man who invented it, who also happens to be on the board of directors at the Mirage in Las Vegas, and has helped Fasano make some very important business connections. LAAQ also markets there products on QVC with projected sales of 40 million this year. A very undervalued company from my point of view and do not forget about their as-seen-on-tv products that are also out in the stores.

They are about complete with their on line shopping cart also. Plus he told me the world has been calling him. Investors from Korea, England, Australia, Japan. While I was on the phone a market marker was calling because the stock have already doubled on hardly any shares at all.

Anyway another interesting point is the GREAT GURU momentum players have gotten in LTGL so this one has not been targeted yet. Like I always say beat the momentum players in. I am going to be accumulating this one as another long. Heck their products are already in the stores and everything. Undervalued is an understatement.

Just my opinion.

Happy Trading

GaBard

Oh and Thanks Jimbo
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