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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)
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To: MTHONER who wrote (975)1/12/1999 10:58:00 PM
From: Andrew H  Read Replies (2) of 2153
 
I agree with you. The company has to do something to increase their credibility and get their story out. It is unfathomable that the stock is at these prices, given that they own 60% of a very profitable company with 9000 employees. It seems that shareholders are losing faith. I speak with a number of large shareholders and most feel this way.

I suggest you call the company and express your thoughts. We are all very disappointed in the price of the stock and hope to see the company announce some initiatives to get the price back where it belongs. They have announced D and T as their auditors and will have fully audited earnings in February. But more needs to be done.

With such a small float and so much going for it, it should not be hard to stimulate some buying and get the story out.

I have talked with the company about this many times. They say they are working on it. Today they mentioned they were looking at hiring some PR people. Several announcements will be coming, etc.

They seem a lot less concerned about the stock price than building the company, which is perhaps as it should be assuming the stock was at 3 or better. But given current levels, I believe the stock price desparately needs some attention. Many shareholders are down 50-90%. It is not acceptable.
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