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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Arcane Lore who wrote (12905)11/22/1998 4:47:00 PM
From: jhild  Read Replies (2) of 26163
 
But Arcane, you have to actually be shipping and selling meaningful amounts of product for the threat of the FDA to have any real teeth. With 1997 sales of just $44K, . . . well you get the picture.

It seems to me at this point that the real business of this enterprise is to sell shares and take salary and fees out. $$$ -> Paid in Capital then Expenses -> Paid to principals and insiders. I think it explains why they would be interested in turning in their shares, unless of course this Preferred Class has some stealth rights that they have yet disclosed.
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