SANI-TECH INDUSTRIES INC. (SNTS) Message Board

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Microcap & Penny Stocks : SANI-TECH INDUSTRIES INC. (SNTS)

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To: rics who wrote (210)	11/12/1998 7:57:00 PM
From: paulbk	Read Replies (1) of 389

rics, The March 98 positive earnings thing is a glitch. This company's been closed down for a few years now having had some sort of run in with the SEC over bad accounting and issuance of unregistered shares. The farthest back I was able to get was '96 or so and even then it was trading like a wounded duck. I wasn't even able to find a news article about this thing from it's heyday let alone anything current and pretty much gave up on it. SNTS has come to represent two different camps and I guess you just decide which one is more comfortable. There are those who say the enormous volumes signal accumulation by some operator that knows something and we should follow his lead. Check the recent chart and you'll see it was dormant up until July when it erupted volcano like from a deep slumber. Others say this is a basically a pyramid scheme and once the promoters get enough buyers in they will dump into the volume. Other than this ongoing debate,no one knows what's going on though I imagine the first person who can definitively make a case for or against SNTS will become some sort of internet hero,best,p.b.

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