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Microcap & Penny Stocks : SGII

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To: SEAN007 who wrote (579)1/14/1999 12:53:00 PM
From: jim0z0  Read Replies (1) of 1051
 
It is hard to understand how the price can stay down at 36 cents after the press release comes out. Maybe because no money is mentioned. It has always been stated, as far as I know, that $500,000 would be paid to sgii by mits on signing the joint agreement and that $4 mil would follow down the road.
Now are we seeing that the $500,000 is not coming until this new company is formed? Is that one reason that may be contributing to the stock price staying down?
Wasn't the agreement that the $500,000 would be paid to sgii at time of signing of this agreement?
IT IS GREAT TO SEE THE PRESS RELEASE - LET'S SEE HOW IT TRANSLATES INTO PRICE GAINS.
Also, the press articles due out may help to bring new buyers to sgii.
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