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Microcap & Penny Stocks : NMDO = NEMDACO/MEDGROUP
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To: John J. who wrote (312)2/3/1997 9:30:00 PM
From: Robert Stewart   of 385
 
John,

The story really hasn't changed any with regards to NMDO. And the real issue here is lack of credibility. It would be hard pressed to have any. The reason I suggested BLB might want to leave a forwarding address is that we all might want to send our worthless shares to him. His walls might need wall paper. (There are also a pile of shares that Stan has promised to send as promotional issues that will probably never be seen)

As my last post on this subject I must be fair however. While this one has clearly been a dog and if not dead for several months now, it will require some resuscitation from honest operation and promotion to survive. On the other hand BLB, before entering the crusade for NMDO, has come through with some pretty good gainers. For those I happened to have bought and sold for a profit I am grateful. This one, NMDO, however, has been a total bomb and with only a few percent left in value, it becomes a good example of those investment experiences that brings one back to reality. The reality is that one should never invest without clearly understanding the reputation and background of the company and those who promote it. If all checks out and the other normal parts of due diligence have been accomplished the company might then make money. In this case the possibility may not have ever existed since a few pieces of the operating machinery may have been missing.

Good luck to all who remain, and although I feel this is one little puppy that has messed on a lot of investors, I do wish the best for Stan, et al. who will undoubtedly still face many difficult questions from angry investors who have lost a ton more than I have.

Marlin
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