Ron, seems like we are always being played with.... I've had an order in to buy some at .25 for a couple of weeks (since the last rumor droped the price). Twice now, the ask has dropped to .26 and my order hasn't gone thru... Damn! Now, it is back up to .27 and the bid is .24 (funny since the last transaction was at .23!) These MMs are strange birds. They process a sell at the bid and then raise the bid and ask! Maybe they see more buy orders in the wings, but there hasn't been a transaction in 15 minutes following the .23 sell....
Oh well... here is some email I got this morning about NVID. Don't know if it will help your concerns but here it is. (PS. If you'd like to be on my NVID mailing list send me a note at maunger@aol.com - don't post the request here - email me!)
Subj: NVID Update 11/03
Date: 96-11-03 09:56:25 EST
From: grizz@the-link.net (GriZZNet News)
To: IN@, @
The following comes from our ON SITE reporter DAVE who
resides in the same vicinity as NVID International and
Mr Bob Bunte the CEO...
This is an update.....
Kerry
Subject: NVID
>
>Dear Kerry: Bob Bunte does not have the time to follow all the
>comments on the "net" regarding NVID. Since the time of my report to you, I
>have, as a courtesy, been faxing to him what I think are salient commentary
that
>appears on the net as I think it important he knows how NVID is being perceived
>by investors and followers of the company. He reads them all, welcomes
them, and
>I plan to continue sending them. By design I have initiated no further contact
>with him. I will , in due course, do so when the time seems appropriate.
Because
>I had the opportunity to see first hand what others cannot because of physical
>proximity to the company, I am perhaps more comfortable with my investment and
>confidence in them. My report to you was based upon what I saw, and to the best
>of my ability, contained little that was subjective. Since that time I have
>added to my position and encouraged a few friends to take positions. Not
because
>I know something you don't, but because nothing has occurred to lessen my level
>of confidence. This is a young company that happens to have the potential to
>make material contributions to our lives through their product development. I
>believe they will succeed, but not before having to overcome the many hurdles
>that confront any new enterprise. And they have some big ones ahead simply
>because their products pose significant challenges to some well entrenched
>practices and products. Thus there will be people who do not want them to
>succeed and who will do everything possible to protect their own turf. Rest
>assured, Lysol will not take Microsafe "lying down". They or others may even
>succeed, for good or bad reason, in keeping Microsafe off the market.
That's our
>risk! But, to the extent they succeed, that's our reward! Bob Bunte knows this
>and what I like about him and his management team is the careful and deliberate
>way in which they maintain their composure so as not to make rash and hurried
>judgements. For some people they are not moving fast enough, but moving faster
>in this case could be a move backwards. They need the space and the time to
>allow every step in the process to fully develop before moving on to the next.
>Each successfully completed step should simply give us reassurance and the
>reason to add to our existing positions. Because there is so much going on with
>this creative company there will be opportunities for every type of
investor for
>some time to come. Currently, I'm convinced there are a few people playing
>around with the stock for a few pennies at a time. Let them have at it. Some of
>them will be caught along with the shorters as the company's progress unfolds
>and the price begins to absorb the overhang in the market and I believe that
>will happen soon. One more tidbit for thought for those unsure about the
>company. Scam companies do not proceed at a slow and deliberate well planned
>pace and they almost always make it a practice to feed the demands of greedy
>shareholders by issuing frequent, but distorted news releases while selling
>their own paper into your frenzied buying.
>Bob Bunte called me, unsolicited, on Friday. Nothing was said that will cause
>the stock to double overnight, but events are unfolding that, like I said
above,
>will give an additional degree of credibilty and comfort to stockholders,
but at
>the same time should cause the stock to form a new and higher base. What he
>shared with me is significant but not earth shaking, just a continuation of
>several developments, the likes of which we all want to see in the company. He
>will report on these in the very near future and you will be pleased.
Perhaps of
>greatest importance, there is progress on all fronts and not a single setback
>and no material changes in the significant items in my earlier report, just
slow
>and steady progress on all of them. He is excited and confident. News releases
>will be timely, factual, documentable and accurately reflect the progress being
>made. Bottom line? Since what I learned in this call might be construed as
>material, I will wait until after the news is released to the public before
>adding to my position, but I will be adding to my position. More when there's
>more. Best regards, Dave.
>
>
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