Tokyo Joe's Cafe / Anything goes Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Andrew H who wrote (1220)	3/20/1998 12:58:00 PM
From: M. Frank Greiffenstein	Read Replies (2) of 34592

Source will be tested! In all honesty, this source is a new one for me. Thus, we will see how good this source is, LOL. But the rumor makes sense given what I know about WAVX and its timetable. We are supposed to hear by next Wednesday or Thursday. If we don't, I am not particularly worried. WAVX just completed a RegD private placement of preferred shares. These can be ocnverted to ocmmon at $1.12. It stinks, but experience with TAVA shows that these PPs take place when a company needs quick cash to pursue a sure thing. I am pretty confident that WAVX couldn't get this $$ unless they could show the investor what good things they anticipate in the near future. DocStone

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