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Microcap & Penny Stocks : KLCI - formerly APPV (Apple Ventures)

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To: qcom who wrote (278)7/21/1998 10:38:00 AM
From: Stkbuyer  Read Replies (1) of 304
 
I recently heard from I believe a reliable source that the ore was being transferred to the smelter site and that the processing was to begin on July 6. Who knows what will happen but is estimates of 46 tons of ore per month at $16,000 per ton minerals is accurate the monthly gross will be $736,000. Even if it's half this, the stock should rise.

I tried buying shares at the ask for four days in a row last week and was not given a trade until the fifth day at .25 cents. This suggests to me that the MMs did not want to release any shares.

In other info., David McHam recently filed personal Chapter 7 bankruptcy in Houston Texas and showed on his schedules that he owns only 250,000 shares in KLCI. Why is he still the President of KLCI when as of his bankruptcy in April or May, he now does not own any stock in the company? It is a little worrysome that he now has no apparent financial stake in the future success of the company.

Does anyone have any information regarding the issuance of any financial statements for KLCI?
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