DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! Message Board

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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!

DGIV 0.00

Dec 5 4:00 PM EST

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To: BILL L who wrote (13762)	6/17/1998 10:11:00 PM
From: David Fidler	Read Replies (3) of 50264

Yes, Bill news is imminent. I am very worried. I purchased 6000 shares at an average price of about 4 1/2. I called a college room mate of mine who works at Goldman Sachs who reavealed some very disturbing news to me. He claims the company is broke. He sent me a copy of their financials that show the company would be completely insolvent if it were'nt for 3 notes receivable from three different foreign firms. These notes are not collateralized and therefore worthless. He continued to tell me that it is common practice for companys that are unlisted to pad their books with such gibbrish, since their finacials are unaudited.He called the company to ask the names of these 3 foreign firms so that he could contact them and verify there existance. the company was unable to provide him with any names. How can they be buying shares in the open market with no money ?

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