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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Gary s Gilbert who wrote (600)	10/26/1998 11:39:00 PM
From: Theodore G. Gresch	Read Replies (3) of 1622

Folks, Don't let Gary (thesaurus in hand) Gilbert rattle your cage. Judging from his posts he is obviously short NUOA. FXWA now has the Tunisian properties on its books which include the five star Le Palace Hotel and the largest Las Vegas style casino (Cap Gammarth) outside of Vegas in the world. The market value of these assets has been established by NUOA. The market price of FXWA is $6.50. Any positive news will drive the share price of FXWA skyward. The float is virtually non-existent. The MM will be scrambling for shares once the financing is announced. NUOA only has to raise $6 million to purchase all of its options on FXWA. NUOA is positioning itself for explosive growth. It may choose to shop the FXWA note for cash to invest in other gaming opportunities in Spain and the Caribbean. Should it obtain only $65 million for the note NUOA will have $1.00 per share (cash) on its books besides its holdings of FXWA. Outstanding revenue and earnings per share for both FXWA/NUOA will come in time. Time will tell the story but, no one can tell tell me that NUOA is not worth far more than its current valuation. Gary what are you trying to save the world from? If this was a scam, wouldn't NUOA have sold its position in FXWA already? I'm talking about the 1 million shares NUOA received from FXWA in a stock swap back in May. NUOA has not sold its position even though those shares are not restricted. You might ask, how do I know this? It's easy to figure out - the MM won't allow anyone to sell the stock short. Why? Because the float just is not there. Ted

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