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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)
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To: Stephen O who wrote (841)11/18/1998 8:32:00 AM
From: greg Benfield  Read Replies (2) of 1020
 
If you read the filing it states that revenues have increased from last year dramatically. It also states that "Although the Company continues to generate revenues from the agreement with BestBank, this event may have a material adverse effect on the Company's future operations due to the Company's current dependence on the agreement with BestBank to generate a significant portion of the Company's revenues."

This means that the company is still making money from those accounts, but the account could be lost if the FDIC sells the accounts to a bank which then decides not to use CLCK. We are all aware of that risk. Until that gets clarified I think $2.00 is the holding pattern for this stock.
Where did you see "REVENUES HAVE DECREASED"? Stop misquoting filings. Is it because you want to spread fear about this stock is it because you are just to dumb to understand what those filings mean? You do not provide any useful info to support your case, you just pop up and have a little stupid phrase that is based off of nonsense. Arcane Lore does a very good job about bringing up filings and articles related to the company. You on the other hand are so blatantly transparent that you are a fool.
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