Gourmet's Choice Coffee Co. - GMCH Message Board

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Microcap & Penny Stocks : Gourmet's Choice Coffee Co. - GMCH

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To: John Mazzaglia who wrote (42)	12/22/1998 4:29:00 PM
From: Lance	Read Replies (1) of 2161

Hello John are you buying at this level ? The bottled water division should be a major contributor to earnings once it is up and running. hard to tell if this is tax writeoff selling or a shakeout by MM's or both. It might have something to do with some investors are worried about a reverse split happening to GMCH as it did with CHIF. Mr Tilton has told me today there is absolutely no plan to R/S either GMCH or TNRG. The CHIF R/S was done to get the assets and earnings on the books and to exercise the debenture which should be complete by the end of the year. And with the estimated income from the brewery at 1.7 mil that would = around 40 cents a share after the approximate 4 million shares added to finalize the debenture. Which must be the reason for no mass selloff after the R/S. Shareholders taking the wait and see approach. All 3 of these companies are definate turn around situations and this next year should prove if they have what it takes. So to all you shareholders regretting ever buying shares at higher prices dont look back , wont do you any good, wheels are turning and hopefully will bring you back to where you got in or even further.

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