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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider

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To: David who wrote (4110)12/22/1998 11:26:00 AM
From: GoingHikin  Read Replies (1) of 4676
 
Offshore selling? Vultures? - Forget it!

RMS&S didn't buy 9mil shares for $2mil! They paid an undisclosed amount of money to Clearwater for their preferred shares. IN ADDITION, they gave $2mil to the company. Think about it... the run up above $1/share and the $2mil! This deal is strictly an attempt by RMS to keep the stock listed on the NASDAQ. When the $2mil is in the NRID checking account and the stock has traded above $1 for 10 days, you'll see an 8K announcing a letter to the NASDAQ that NRID is now in compliance with rule 34. DEAL DONE!

A big investor, RMS, didn't want to see their investment go down the drain so they bought-out the vultures and bailed the company out! PERIOD!

-DL
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