EXSO -- Consolidated Eco-Systems (Exsorbet Industries) Message Board

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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)

EXSO 0.0001000

0.0%

Mar 7 3:00 PM EST

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To: Elie who wrote (4181)	3/31/1998 10:27:00 AM
From: ChrisJP	Read Replies (2) of 5015

Dear Elie, We have been optimistic to this point because: 1) In Nov. they reported profits or very low revenues 2) In notes dated Feb 16th from Chip Sexton, EXSO was winning new business in their profitable divisions and cutting costs further. I extrapolated this into increased earnings on increased revenues. 3) Current market cap = $6M, not bad for a company which could have revenues of $20M - $25M and profits of $2M in the year looking forward. 4) Management is not disorganized; they have taken over a company that was in shambles. (hence the inability for the accountants to find info for the audit). 5) MMs had no problems taking shares off my hands today. They barely lowered the bid (.125 down to .12) when I sold them. Could be a good sign that most people are holding. On the downside: 1) They have a few million $ in debt, etc. etc. 2) They're having trouble completeing their earnings report. If they don't file today, they can file for an extension. As a BB stock, nothing will happen to them if they don't file (I think). Any comments from anyone else ? Hope that helps. Chris

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