NuOasis (NUOA) formerly NONA Message Board

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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Gary s Gilbert who wrote (442)	10/2/1998 8:44:00 AM
From: Ken Sammut	Read Replies (1) of 1622

Gary, Okay to play the cynic but put yourself in NUOA's shoes. For the past 2 years, shareholders have bashed the company for the amount of time it is taking for Tunisia to develop. The company agrees that it has been slow to develop and will take a couple of more years before we see the large revenue streams we all want. Fred try's to do something creative to bring shareholder value more quickly and now they hear from some shareholders that the company should be more patient with Tunisia alone. Guess you cannot please everyone. It does not matter what you or I think about FXWA. It only matters what foreign lenders think. The notes will have some value but the collateral of the individual properties FXWA/NUOA have their eyes on will be more important to the lenders. FXWA is very tightly held and unlike NUOA, the market makers are working with the company to help it hold it's value. I believe their reverse split and other mergers caused their $6 to $7 stock price. Many of the shares that are outstanding and would normally be in the float for FXWA are restricted so the price is holding nicely. Lastly, Fred understands that he has diluted (paying vendors with stock-no choice) the company in the past. From what I understand, the new financing and the deal itself will have no dilutive affect. With the new financing and $1M in revenue per month coming out of Tunisia, the company does not have to play that game anymore. I believe the combined companies goal is to have over $400M in assets and $200M+ in equity within two years. If the foreign lenders are friendly and properties are chosen wisely, who knows. I am willing to take that gamble. I do know that staying just in Tunisia would do nothing for share price for at least another year if not two. Let's see what happens. Ken

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