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Biotech / Medical : INVI Invitro International

INVI 0.00

Jun 30 5:00 PM EST

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To: Coral4pH_dot_com who wrote (376)	4/23/1998 12:13:00 PM
From: Justin Step	Read Replies (1) of 486

INVI - JustinSteps Update! I was not able to attend the annual meeting because I was out of town, but I was able to sit down with Rich Ulmer a couple of days before the meeting. Rich told me that he would be going out of town doing some R&R and visiting his Grand Daughter this week and that when he got back he would be getting with his P.R. people and release some news out on the annual meeting along with a financial. While I was in Chicago I was able to visit the Chicago board of trade. I spoke with a Sr. Market Maker about MM's shorting penny stocks and his advice was to have all the stock holders request to have their stock taken off the street name and registered in their own name. Once done the SEC can see if there are more shares registered than are in the float and INVI can request an investigation. This will create a squeeze on the MM's. He added that as long as there are un-registered shares in the float, market makers feel safe to short the stock. The only way to catch them is if we register our shares. I asked how they can get away with it and he said that the market makers will just keep buying and selling shorts back and forth to each other to cover their position until the investors give up and then the market makers just buy their shorts back. He added that this is very common with penny stocks but it can be overcome. He also said that the best defense is a strong offense and that we might check into getting our own market maker for INVI. He felt that based on what I told him, it could be done. When Rich gets back, I will be sitting down with him again and do some brainstorming. After talking with Rich I really believe that he has the desire and is willing to do whatever it takes to get InVitro International's stock (INVI) back to where it was when first released. ($10.00 - 15.75) So please, if you have any suggestions Email me at JustinStep@yahoo.com Again, Say what you like but, INVI is a REAL company with REAL products, REAL sales and a REAL future! Take Care, JustinStep

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