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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Brett Fleischman who wrote (21837)5/27/1998 8:22:00 PM
From: hoffy  Read Replies (1) of 34592
 
>>>SCMI...something else to ponder...I just received an emailed recommendation with the same 1.5 target but seems to me that the write-up is flawed...they quote the $450K of revenue as Net Income...hmmmmmm

"Sources close to the company have indicated that this contract alone
will
generate net income of $450k this year, and substantially more, over the
next three years."<<<

SO the write-up makes a mistake and the whole company is no good. Is that your reasoning?

The fact is that the deal will get them $450,000 in revenues in the first year and substantially more over the next three years is a very nice score for them. This is just one contract getting in the door and could lead to many more. Not bad for a company trading at .32 (won't be for long though)
If you are looking for a scam company try looking at MINE. Now there's the next BRE-X
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