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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Zeev Hed who wrote (4279)8/10/1998 9:06:00 PM
From: Sidney Reilly  Read Replies (1) of 4736
 
Zeev,
Even if they do the 1 for 100 and open at ask $2.00 would the bid then be $1.25? They would have to tighten the bid a lot or nobody will buy. Also even with shares issued of 1.44 million we still cannot put a valuation on it without any revenue estimates from the wells. Stamm is still screwing us again by keeping that all to himself. I am hoping he gets a set of striped pajamas and a cell mate who's been there too long! Then he can see how it feels.

cya,

Bob
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