SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Dollar and Under Sleeper Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim B who wrote (4955)3/4/1998 10:36:00 AM
From: Ga Bard  Read Replies (3) of 8835
 
DMEC is a Video Distribution: toy distribution; real estate company

During the third quarter 1997 our sales were up 40 percent as per our last 10QSB. Our strategic plan for the future is quite simple we want to maximize shareholder value and liquidity. We fully intend to take whatever steps are necessary to maximize shareholder value which will in the near future provide each shareholder the ability to comprehend the fullest potential of his or her investment.

Presently Diamond Entertainment Corp. has three divisions two of which are a Video Manufacturing and Distribution and Toy Distribution which includes numerous electronic games and such. Our major clients/customers are Sam's Club, Walgreen's, BJ`s Wholesale, Wal-Mart and Publishers Clearing House. Through there established client base and sales force theyare aggressively pursuing to increase sales and revenues.

Their third division is Real Estate Holding and Sale - American Top Real Estate, Inc. (ATRE) which recently sold one parcel of land to Home Depot for a total of 3 Million dollars. They anticipate to close this escrow by the end of the year, and estimate a total of approximately $900,000.00 sale proceed will come to Diamond Entertainment Corp. Presently we are in negotiations with Carl's Jr and Lexus Dealer to sell two of our other parcels of land.

As of January 1998 they have finally settled their last outstanding litigation. They are expecting a profitable to be announced in their 10K forthcoming.

10Million I am told in the float.

Thanks

GaBard
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News