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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH
AIMH 0.0280-23.3%Nov 18 3:58 PM EST

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To: jag heer who wrote (233)10/23/1998 5:55:00 PM
From: David Wiggins  Read Replies (1) of 662
 
Quote from March 1997 (sound familiar?)http://www.aimrite.com/press/pub04.htm

The key to AimRite's success may be getting its COAST product out first.

Before the company can start its production phase, it first has to secure the necessary working capital to start production and secure a large manufacturing plant.

"Once we get the capital and secure a site — we are only 90 days from production," Coleman said.

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IMHO current management has failed to get the product to market and is Failing to do so right now. The best course of action for current directors would be to step down and turn control over to someone who can do this. Alternatively, the company should be sold to someone like TRW or Allied Signal.

The product is valuable, but the current management has made it worthless

Regards, Dave
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