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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII

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To: ColleenB who wrote (1117)7/16/1998 11:37:00 AM
From: jmt  Read Replies (1) of 4814
 
>>>>Danny Dror has shown me nothing but positive growth of a company.<<<

It is clear the EDII tide will rise and fall based upon the ability of Dror.

But can you substitute the word "growth" for "profitability" of all EDII holdings. It is clear some like Intile are bleeding buckets of red ink.

EDII shares are being used for currency to finance this "growth". It is a reasonable question to ask what value is being placed on this common stock currency.

There is no reason to believe he is acquiring these companies at below fair market value. Nor is there reason to believe he has overpaid.

The tie breaker seems to point to the latter, given past historical performance, lack of financial disclosure and insider selling.

jmt

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