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Microcap & Penny Stocks : MCRR Refugees
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To: Madeleine Harrison who wrote (103)7/8/1998 9:52:00 PM
From: Walter Fabisiak  Read Replies (1) of 582
 
Madly:

Thanks for letting me know that this thread had been set up. Looking forward to your setting up a site for the MCRRs.

Here are some updates for the other MCRRs on stocks that I had posted.

LOAN issued a pretty positive press release about refinancing their debt at more favorable rates. Profitability is probably at hand.

VSIN had some positive press releases, but investor sentiment is decidedly negative at this time. Could be a long wait here.

SoftLock Services's (www.softlock.com) reverse merger with Fieldcrest (FLCR) is progressing well. Current expectations are that the share exchange, reverse stock split, and name change will be completed by the end of the month. It looks like somebody bought a big chunk of FLCR today. The public float is pretty thin and will stay that way for at least a year. Speculative situation, but e-commerce is a hot area.

Walt
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