SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Aloha who wrote (1236)1/30/1997 3:36:00 PM
From: John Leach   of 30240
 
Bryan and ALL...

I found about this MXMX MediaX company last week when I received in e-mail from someone who asked me to look into it...at the time it had jumped from $1 to $2...

I found that Ranier Poertner is the CEO and wife Nancy was the President...I was pretty excited because I know that everything Ranier gets his hands on has the potential to take off...

I checked their 10Q, and to date this company had done close to nothing in revenues, and I could not justify buying the stock at $2 on those revenues...

So I happen to call MXMX's PR firm...wouldn't you know it...it was Eric who also represents SYCR...he did tell me that there were only 2 to 3 million shares in float, and that the company was expecting some big announcements during the next couple of weeks...I still was not convinced and didn't buy....wouldn't you know it, a big news release and it jumps up $1 plus in one day...I'm still not sure where this company is headed and it could possibly be awhile before substantial revenues are seen, but this could be a good one to check into further...very small float and SYCR's distribution channels, could get a lot of products on the shelves...

...Now this is total speculation on my part, but could this company be a possible acquisition for SYCR???...I doubt it, but I just thought I'd throw this in for discussion...

Let's keep our eye on MXMX also and see what we can find....

Any comments? Suggestions? Insights?

john leach

***Possibly more announcements from MXMX coming soon....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext