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 : RMS TITANIC INC (SOST)
SOST 0.005900.0%Sep 27 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Steinlicht who wrote (54)3/12/1998 11:43:00 PM
From: Marshall  Read Replies (1) of 217
 
In essence the management is more into research than anything, it just so happens that the proceeds from exhibiting the artifacts they've recovered so far are starting to exceed expenses.

No, no real excitement here but the awareness from the movie should serve to increase attendance at the exhibits this company holds, thus increasing revenues. The initial costs of their exploration are likely paid for now thus they only need deal with operational and maintainance costs plus any additional purchases they deem prudent.

I see them stockpiling some cash and eventually using it to garner even more profits down the road - doing what is hard to say.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext