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Microcap & Penny Stocks : RMGG

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To: Old Stock Collector who wrote (15)5/11/1998 5:53:00 PM
From: Gator   of 1170
 
Another good piece of news.

The StockDetective site which publishes a list of "Stinky Stocks"
(http://www.stockdetective.com) listed RMGG back in October 1997 as a stock to watch (not officially a stinky stock, but it did show up on their radar screen because they questioned how a new stock could have a free trading float of 7 million). I guess they finally did their homework on RMGG's September 1997 listing and got satisfactory answers, so RMGG never made the "Stinky Stock" list.

Big news is expected shortly. Financials are expected shortly. Just getting a fraction of the 225 million in population that they will be able to reach with the China agreement will do wonders.

Just some sample numbers: I think I read that 1 in 10 people in China use ginseng products. That leaves 22,500,000 potential buyers. If just 1% of that 22.5 million buys $5 worth of ginseng products from RMGG per month, that alone represents $13.5 million in sales!

Just something to think about.

Gator
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