Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

GLCP 1.000

0.0%

Feb 6 9:30 AM EST

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To: Vegas who wrote (1951)	6/29/1998 11:55:00 AM
From: greg Benfield	Read Replies (1) of 2278

I agree they are getting ready for something...I hope it is something good. For those of you who are shocked and upset about the reverse split. WE ALL KNEW IT WAS GOING TO HAPPEN. Why would they ask for it and then not use it. How gullible can you be? I think it is bad short term but possibly good long term. This company will use the extra share capacity for new acquisitions. The Revenue I have heard from these machines could be $2,000 per machine or upwards of $200,000. Forgive me if these numbers are wrong..it is from memory. This company seems to be sitting on good technology but it has two major problems. 1. Someone definitely pumped and dumped this one a few weeks back. 2. They cannot seem to stay focused in one endeavor. I have read stuff about their real estate and their AMR and their Check cashing. Sounds like no one can figure out how they want to make money. Even with all of that I am still long...but I am also not oblivious to the risks. All of us should be aware that these "contracts" for $500 million have never been verified in public by the company...and could easily be figments of one poster's imagination. Greg

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