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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: Anthony J,Castellano who wrote (2076)10/12/1998 12:23:00 AM
From: Jeff  Read Replies (2) of 2278
 
a walk down memory lane...........remember the good ole days in early may.....

the bad part is.......when this stock hits .10.........it would be like buying it pre-split at .01 ........the 52 week low was i think .04.......

right now at .24........pre-split its just made a new 52 low of .02

and in may this baby was going to the moon.........

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Talk : $5 and Under : Greenland Corp. (GLCP)

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To: Steven Angelil (135 )
From: RCJIII Wednesday, Apr 29 1998 1:47PM ET
Reply # of 2077

CEO told me yesterday that they had around $300 million in deals
awaiting FCC approval which they were applying for today. FCC approval should be a mere formality and should come within a week.

He also said a flurry of deals and announcements would come once approval was gained.

Run the numbers 37 million shares, $300 million in deals.

Value the company at one time sales, which is conservative and you come up with $8 per share.

Say only $100 million in deals comes, we still have a value of around $2.75-$3 per share.

In my opinion, once FCC approval comes and we get a few announcements we will hit $2 a share quickly.

Remember BAAT. They had a revolutionary technology and rumors circulated Ford was interested. The stock shot from .06 to $3.25 very quickly.

It then dropped to around $1 where it has been since then, because they have yet to announce the deal with FORD as FORD is still investigating the technology.

Greenland's technology has been proven effective in several pilot programs around the nation. Once approval comes, the deals quickly follow and the stock price goes to the moon.

RCJIII
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