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Microcap & Penny Stocks : DD-CIA Due Diligence Central Intelligence Agency

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To: PitBull who wrote (75)7/30/1998 11:44:00 AM
From: Jeffrey L. Henken  Read Replies (2) of 120
 
PitBull, have you been following CLCK at all? People panicked out of the stock last week when their largest customer, BestBank was closed down. The stock has recovered nicely but is still undervalued especially when I look at the future prospects. CLCK has not lost any business and they probably won't because of this event. The closure of BestBank merely created a great buying opportunity in CLCK. In fact I think that the BestBank closure could just possibly be the best thing that could ever have happened to CLCK. The new contacts that CLCK is forming will become very apparent soon as more contracts start to roll in.

We will end up with a highly diversified company with much smaller dependence on any single customer with no possible chance of any revenue losses this year.

Six months from now Pueblo Bank, who bought the BestBank deposits, may end up transferring their business from CLCK to another credit card processing company. I bet they don't and in the meantime we should see lots of new business coming our way. CLCK has lots of interest in their debit card business as well. Look for more contract announcements soon.

Regards, Jeff
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