JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: dacoola who wrote (2397)	8/17/1998 12:40:00 PM
From: Harold Finstad	Read Replies (3) of 4230

Reprint of a post on Yahoo by my associate Cardshark about an hour ago... <<I just spoke with Colin. All systems go for the plan for a mid week announcement with a followup conference call. Regarding the Bankruptcy. It was his father. His step-mothers name is Margeret, his wife's name is Lordis. He is going after Monski with all guns blazing. He has already contacted his attorney, and I will be getting all the info that I have as well. Regarding the PP. He does in fact have a standby line of credit with warrants attached. As of this time he has not drawn down any, but he will not shut the door on this standby deal. He is having the company's attorney send me a copy, I will have more details then. Apparently the warrants "float" with the stock price with a floor of about $2.25. If the stock goes higher, adjustments are made upwards on exercise price. He entered into this aggreement several months ago, but as of yet he has not had to draw on it. His comment to me was very simply: While people might have bitched about the last 504 for the million dollars, by getting that money when he did, he was able to add several cents per share fully diluted to the company's last quarters results by adding the Polaris line. He has zero interest in doing anything that will not add significantly to the value of the Company. Period end of sentence. Until I get the actual offering memo, I really have said all I know about the subject. So please don't waste all our times asking anything futher on it. When I get it, I will attempt to fill in the blanks. By the way, we just added another goody to the "plan". >>

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