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Microcap & Penny Stocks : NYRR,What is going on?

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To: Milk who wrote (3439)9/15/1998 11:42:00 AM
From: Wayne J.  Read Replies (3) of 4304
 
Hello! Milk,

Thank you for posting to-day's NYRR Press Release.

It will be interesting to see what opinions are shared on this thread in regards to the Press Release. Well anyone that guessed that to-day might be the day for the Press Release? They are the winner!

In my opinion I found it of interest to see that part of the content of the Press Release addressed the first six month 1998 operating performance of NYRR versus year ago! JMO!

Here is what came to my mind after reading the Press Release.
In my view one of the sensitive topics to shareholders of NYRR has been whether and when and if NYRR Management will conduct a Financial Audit on the company and hopefully take the company the next step and become a fully SEC Reporting Company! JMO!

And as some of us have expressed on this thread , would this ever happen ?--and if not then would the next step be a demotion to the Pink Sheets at some point in the future? JMO!

Well, the way I see it, any/all discussion of Financials, earnings, etc, would most likely be considered a sensitive point for shareholders ( JMO!) so the fact that earnings were addressed in to-day's Press Release my guess is that it could be a signal to us that
some more positive news will be released in the future. ( Otherwise why would the Company Management want to refresh our memories about the much awaited results of the Audit process--if, as and when it takes place? JMO!)

Also just a guess but did anyone try to read between the lines and maybe pick up a hint that the Government Grant is close at hand? JMO!

Looking forward to reading your collective opinions.

Best Regards,

Wayne J. ( Any one hear from Jack lately?)
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