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Microcap & Penny Stocks : CRCP Carolco Pictures

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To: E. Taylor who wrote (52)4/28/1998 3:36:00 PM
From: myturn  Read Replies (2) of 137
 
As the world turns with CRCP!!!
From my own personal take on the rest of the saga of CRCP, we still have the potential of it reaching .25 before it is all over.
The reason being, I spoke to the liquidation company yesterday and they said that the recent sale of T3 generated 8 million dollars to the coffer. They are negotiating with another creditor/legally to settle the creditor's interest. Carolco still needs to come up with approximately 25 million to clear the books. There still numerous other movie sequels being bidded on and licensing rights which should more than cover the debt.

Now for Carolco stock, the only reason for it's trading is the speculation of the reuniting of the original founders of Carolco, which are going to make Terminator 3.
This is where the possibility of the name Carolco and the shell could be bought out which would go to the Carolco debt.
The original founders did win the bidding war on Terminator 3 and will begin shooting on the film sometime this summer.
I am holding my shares until they pry them loose!!!!
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