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Microcap & Penny Stocks : WestAmerica Corp. (WACC)
WACC 0.00Nov 6 4:00 PM EST

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To: Bob Kulchuk who wrote (537)10/10/1998 11:12:00 AM
From: JOE TURMAINE  Read Replies (1) of 749
 
BOB, I paid 25 cents per share for my WACC, post split that will be $15 after the split. With a total of ~14 million shares authorized and the scope of the project, I see $15 as a real possibility in the next couple of years. Should the price drop in the next few weeks after the split I will buy more. The land purchase & the motel purchase give me some confidence that the project will go ahead. I don't even expect the price to drop after the split, there have been very few shares sold recently at 1 cent so why would anyone dump them for the same dollar value post split. Some will, but I'm betting they will be gobbled up quick, and if I can bring my price down I will.
ccfcorp.dos.state.fl.us
>>10/10/98 CORPORATE DETAIL RECORD SCREEN 11:10 AM
NUM: P98000083996 ST:FL ACTIVE/FL PROFIT FLD: 09/28/1998
NAME : PARK INN ACQUISITION CORP.
PRINCIPAL: 104 NORTH CHURCH STREET
ADDRESS KISSIMMEE, FL 34741
RA NAME : MARK, BRIAN M
RA ADDR : 104 NORTH CHURCH STREET
KISSIMMEE, FL 34741
ANN REP : * NONE FILED *<<

At least we know they are doing this "by the book".
JOE
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