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Microcap & Penny Stocks : AAFGQ - Last Cheap Internet Play Around?

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To: jccodez who wrote ()1/21/1999 7:36:00 PM
From: Rande Is  Read Replies (2) of 198
 
A one-thousand dollar "investment" in AAFG a year ago is worth about .09 cents today. Need I go on?

AAFG became AAFGD [D for reverse split] twice, if I recall.

Now AAFGQ, the Q is for bankruptcy.

They had wonderful plans then, too.

In addition, La Jolla Capital was the firm pumping AAFG before the big dump occurred. They have been under SEC investigation and charged in numerous related dealings with "America's Coffee Cup" now known as Midland [MIDL]. . .halted several months ago for irregularities. Some at La Jolla lost their jobs. Unfortunately, the company continues to do business.

Check the market makers. Bet they are still listed.

Imagine how much money they made when they shorted a gazillion shares at 6.50 or so and will NEVER have to pay a cent after they finally close their doors for good. . . or the SEC does.

AAFG will no doubt receive a SCAMMY award this year, should someone officially enter it in the contest here on SI.

Jon B., how about you?

Rande Is
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