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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI)
SSGI 0.0250-37.5%Nov 1 5:00 PM EST
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To: Wally who wrote (170)8/29/1998 9:11:00 AM
From: ComSolut  Read Replies (2) of 388
 
Wally - Remember they do not have to pay back the money
as it will be raised as equity capital - i.e. the issuance of stock or
options, etc. It will not be considered debt. 34% of the new
company will be old SSGI stockholders AND THE new INVESTOR(S).

Also the money is mainly being raised to pursue the Meridian mats
for aqualculture. A possibly profitable niche but certainly not related
to their main line of business. Knowing they will probably divest the
aquaculture business is encouraging but I find the lack of desire to invest in the current business focus a real question.

ComSolut
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