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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Gary Jacobs who wrote (10192)11/8/1998 4:04:00 PM
From: David Smith  Read Replies (2) of 11708
 
i was just trying to give at least one opportunity to make cents.

As long as you brought it up, here is one:

***OFF TOPIC***

As most of you are aware, I haven't been optimistic about BB stocks for quite a while. Many have learned that, after initial buying, BB stocks can become absolutely stagnant. I haven't been excited about any specific stock for months till now. The stock is KNGC. At the moment, the company (Kalan Gold Corp.) is a shell with no revenues. KNGC is acquiring the assets of a Hong Kong company. News has been released in a non-committal pre-release but the real news will be released shortly. The stock is thinly traded and obtaining my position took some patience but I bought Friday at 1 3/32. The potential for this stock is great. There are companies in Hong Kong that want to move their assets to this country. By merging into an existing shell, this gives the shareholders of the shell a real opportunity. It has been a long time since I've seen an opportunity like this. It should start to move strongly sometime this week from the 1.09 I paid for it on Friday. You can all be the judge a week or so from now.

David
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