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Microcap & Penny Stocks : BLHG, Fast Track Growth in China

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To: Andreas who wrote (1073)7/1/1998 6:54:00 PM
From: Pendretti  Read Replies (1) of 4080
 
To all: I talked to Greg this afternoon. I had a nice talk with him and told him I have some clients who like to look at undervalued stocks which I try to find for them. Mostly I look at Nasdaq stocks for them but I also look at some good stocks on the OTC BB. Well, BLHG is one of them IMO. And before I decide to buy more for me or my clients I just had to talk to Greg.

I told him that there is a lot of talk on the Internet about this stock and that there are big expectations out, and also some persons trying to hype it.
He made it clear that they have nothing to do with the Internet and don't want to have anything to do with it because it is not helping them.
He said they would take action if the stock price would show very strange reactions in a reaction to Internet publications.

One of my questions was regarding the contracts they mentioned in their release on april 20 with four companies which would generate revenues of $ 50 mln. Because we only know 2 contracts now for about $ 4 mln. in revenues, the other two have to big contracts. He confirmed that and he said they were still negotiating about it and it was not easy to close such big deals in such a short time, but he expects more clarification on that in the next months.
In this context I also asked him about the projected EPS of $ 0,85 for this year and he responded that this was a very progressive number. So, he was very honest about that.

He told me also that they were working on a web site which would also have most frequently asked questions and answers. He told me they would be giving each month an exact update on the numbers of shares outstanding, float. He just wants the truth out to all the investors.

The financials will be out at the end of july or beginning of august.

There are currently 11 market makers on the stock.

They have a good relationship with Lloyd Wade and have chosen BLHG out of other possibilities because this company has excellent management and they have an ongoing profitable business for the future with good growth perspectives.

I also asked about an Investors Relations Kit and he would sent me some more information. I have to wait and find out what is in it.

I also talked about him about the recent stock price and that on the Internet it was mentioned that Genesis expects the price to go to $ 4-5 in october. He told me honestly he expects the price to be well established in the $ 3.

I must say I had a nice conversation with him and I will contact him soon. He said he would keep in touch with me and has my name and phonenumber.

So, like with EGNS, we have to be patient for a few months and we will be rewarded big.

Rene.
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