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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Douce who wrote (6570)4/2/1998 8:01:00 PM
From: nougie  Read Replies (1) of 11708
 
Well, I'm certainly not surprised at today's
developements concerning the newspaper article
dug up by Ken.

I've been suspicious for 3 months. A few thousand posts
ago if I'm not mistaken, Mike Millis was described
as a "paid promoter". So it's no surprise that he's
going to tell everyone that everything is fine at
Happy Acres.

It sounds like the company might be bleeding money.
That might explain the delay in the form 10.
Not just the expense in filing but the possibility
that they're paying for their lunch by issuing shares.
These are just my own theories of course.

I will say this though, the Class V well seems like
a legit money maker, if they get the volume and price
per barrel that's been advertised. For some reason
though, that seems like a big IF. I guess time will
tell.
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