Jeff, I hope you will forgive me, I don't want to sound skeptical,
but if you are asking me to compare this BB deal that your are pushing with stocks like CBR, EDS, KEA, and NCR, you must be hallucinating.
I don't necessarily mean this in a bad way. Let me ask you a few questions, so we can understand if you actually want to talk about the company or you really just want to assure me that it is going to the moon by June and who cares about the due diligence (AKA "hype" or "touting"):
1. You say the company is "already profitable". Point me to a URL with an audited income statement, will you? If you don't have one, how about any financial statement showing these profits. Don't ask me to call the company, I want to see it in writing.
2. How many shares are authorized to be issued in the company?
3. How many shares out now? (total treasury, insiders and float...within a million is fine).
4. You write, "Columbia Capital could be involved in a large number of these transactions." could be? Jeff, please. Sounds like hype. Show me a URL where I can see a detailed description of the product/service?
5. I quote you, "Columbia Capital could have a potentially blockbuster software solution for Y2K problems for the banking industry." Again, this sounds like fluff, Jeff. Let's assume that you are correct and the stock will take off like a rocket; show me this blockbuster software solution, please. Any hints will be helpful. Be specific.
6. Who are the principals in the company and how many shares do they own? What did these people do prior to CLCK? What are their salaries? Who are the principal shareholders? Do any securities firms hold positions, and if so, who?
7. Who did the 211? Who makes a market in this stock?(If you don't know, you should not be touting your free e-mail tip sheet.)
8. Give me a general idea of the debt structure of the company, tell me if there are any liens attached to anything the company owns, anything in this area that might adversely affect a shareholder's equity.
9. Who does this company do business with right now? Be specific.
10. What compensation, if any, have you received or are you scheduled to receive for promoting this stock?
11. We are talking about the Internet here, correct? Where is the company web site?
Let's go a little lighter on the cheerleading and get the questions answered, OK? Take your time and do it right, no backpedaling ra-ra, I hate that. Thanks.
BAWK! :> |
