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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!

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To: Thomas Kirwin who wrote (220)3/17/1998 1:54:00 PM
From: Ralph Bergmann  Read Replies (1) of 601
 
Tom,

You are doing a good job here to motivate all of us and providing some good information.

Maybe it is the listing issue what concerns people. I think you brought up the example of FAIRD with their reverse split. A few weeks after the reverse split you can say it was successful here.
The first day after the split was bad but afterwards it recovered well. I hope the same for tasa. But I fear we will face the split in the near future.
Another point came up to my mind. According to the last quarterly report there were 60000$ revenues from Bookmatch, what means approximately 1000 subscribers. If I think about it again it is pretty much if you consider the short time peroid of this service and the minimum advertising. Such a bottom could induce a snowball effect. It should not be too difficult to have 10000 subscribers in the near future, what would result in revenues of 600 000$. This would be quite a considerable amount of money for this company.
But we should keep in mind that tasa is not only bookmatch. Bookmatch is a goodie mounted on their main business.
The great thing, I am hoping for is that tasa will be involved in a governmental education program, where their method of measuring the reading abilities of people is used as a standard tool. This would make free the way for future growth.

Best Regards Ralph
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