EROX Corp and pheremones Message Board

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Microcap & Penny Stocks : EROX Corp and pheremones

EROX 0.000400

0.0%

Sep 26 5:00 PM EST

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To: Terror who wrote (441)	3/8/1998 11:50:00 AM
From: scott j meeson	Read Replies (1) of 562

marcie, i truly do not believe erox at this point is interested in having a buyer of the company, i still think they are interested in licensing the tech. i will say if erox has an other 2 qtrs of no growth and declining sales , they will be in need of some more cash infusion.i know last july erox stated they had more than a few people interested in putting up some cash.. i still have not seen any news on financing agreement with bank -and i tend to believe that the bank is going to decrease the credit line.. an other problem is how much money can be going to research, with such a tight cash position?? an other problem is: inventory is just sitting on the company shelf . i will say if erox is not able to make real progress anytime soon, then i say shake up management and upgrade!!! bring mgmt in that can make erox move forward , along with the stock price. yes i would be a buyer at 50 cents , because at that price i believe a shake up would have to come sooner or later. i ask myself this question---when was the last time erox had any real- real postive news ? in my view it was 8/96 sales results, and this is when horgan (ceo) sold alot of his shares, along with a few others, ever since then the company has been spinning out of control. an other question is--- if an other company bought erox how much is it worth? erox has spent millions of shareholder equity and for what? the market has placed the current value of erox corp at roughly $10 million , when horgan took over it was worth more than that!!! erox in 96 made roughly $ 1.2 million dollars erox in 97 lost roughly $ 4.0 million dollars erox year-year change $ 5.2 million dollars (negative) and mgmt knows what it is doing and deserves trust??? well enough of my wind!!!!!!!

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