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Microcap & Penny Stocks : AMGV - David and Goliath of the box makers?

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To: edde who wrote (489)11/19/1998 10:59:00 AM
From: JohnO   of 509
 
Hi Folks,
Just got off the phone with John Paulson. Here's what was said:
Reverse Split is 1 to 7
The new BTO encrypted site will be online by next Wednesday
www.enucleus.com
They manufacture their own computer and are currently expanding warehouse facilities to
meet new needs.
After split there will be 9.5 million shares OS
They plan on making acquisitions with a combination of their 78% of shares and cash.
They have an in-house tech support and are expanding this to meet new needs.
$3 million is estimated revenue for Nucleus for 1998
12/23/98 is scheduled shareholder meeting in Chicago.
12/3/98 we should have proxy statement delivered to current shareholders.
Internet provider system is a new one and currently has 31,000 subscribers,
tele-communication system is growing rapidly and very profitable, online checking system
and other payment systems are doing well and they expect great growth in this area.
Adrian Belinne will remain on BOD and gather additional internet banner adds for
products
Jeffrey Wescott is an officer with Bank of America and will greatly assist in securing
financing for expansion and other capitalization.
Mark Fera is involved in the computer industry and will assist developing this phase of the
company. He has many contacts with Fortune 500 companies that will greatly assist them
to grow in the computer as has happened already before merger.
Stephan Calk owns the 2nd largest mortgage bank in Chicago and will assist in developing
the financial aspect of the new web site. The are expanding their online banking service to
service customers and businesses
John Paulson has been involved in tele-communication area since 1984. He has assisted
many companies procure funding over the years. They growth of Nucleus in the banking,
computer and internet provider areas have grown considerably and his plan is continue this
trend and expand Nucleus into other profitable areas in a slow orderly process.
I was impressed when I spoke with him. IMO this will be a profitable investment and I'll
continue to keep my investment with AMGV/ Nucleus.
Have a good one.
John
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