Sanctuary Woods recent sale, should you own the stock? Message Board

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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: George A. Roberts who wrote (46)	11/13/1996 4:20:00 PM
From: Bart Sampson	of 341

George; I completely agree with you that this company was only ever out to soak investors and make Brian Beninger rich (where is he now?) However, Charlotte Walker has been harping since she took over as to how the entertainment division was the cause of all the losses the company suffered. Well, the entertainment division has been gone for six months now and the company is STILL posting losses. I guess that blows that whole theory out of the water, doesn't it? Now, she's blaming their distributors and a tough market. Well, when you sell your greatest asset (ie. Victoria studio and related technologies) to your greatest competitor (ie. Disney) the market is bound to be a bit tough isn't it. So since this company is still incapable of making money in the marketplace, where is the cash for the executive staff's salary coming from? You, the investor, that's where. That's the way it was two years ago and that's the way it is today. Bart.

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