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Microcap & Penny Stocks : Bingo.com Ticker BIGR (formerly BIGG)

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To: hammer who wrote (198)2/6/1999 12:12:00 AM
From: jhild  Read Replies (1) of 1119
 
As young as this company is - 2 weeks - it is equally difficult to find negative things to discuss as it is substantive positive things.

And this one. Please stop, I am laughing too hard. The guy starts a company with his takeover on Jan 13th and announces that there was a special stock placement for $75K for 7&#189M shares of this puppy. Then the stock suddenly begins trading all over the name change to Bingo.Com at $4/share, which jumps quickly to $8 a few trading days ago. $75K to $50-60M in just a couple of weeks. This is not a small negative thing. And it is not at all hard to find. In fact one fairly stubs one toe over it in their own press releases.

Couple this with the near dictatorial powers enjoyed by Darren Little under his amendment to the charter of incorporation in Florida to cut himself sweetheart deals however he wishes, and presto this is not just a little negative. It is a Little negative.
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