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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: ColleenB who wrote (1957)12/2/1998 6:00:00 PM
From: lakers17  Read Replies (1) of 3171
 
Colleen....

Colleen, Dave told me the debt could be exercised in blocks of $10,000 not that the debt was only $10,000. We never got that far in our conversation and he asked me to fax a list of questions to him. You seem very involved in this stock and I hope you can post the exact details to any debt the company has. I was also a little surprised that he wasn't sure of the float in his company. My main concern before I invest is always authorized shares, outstanding shares, float, revenues if any for BB's(earnings also if any, rare for new BB's) and most importantly how much debt and what form it is in. These are just basic starting DD questions. From there I look at company projects that are now in existence and proposed future business along with other factors. I don't jump into a stock because a news letter recommends it. The news letter just tells me to take a look at the company. If I would have bought this stock when Top Dog mentioned it I would have been down big time.

Lakers
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