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Microcap & Penny Stocks : CDCH Cerro Dorado Inc.
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To: Jim Bishop who wrote (351)2/16/1999 10:12:00 PM
From: CytotekkRead Replies (1) of 958
 
Well, sounds like WAMC thinks that the low share price is all john's fault.

Recently, one of our investor relations people was contacted and presented with questions concerning the Company and it's operating status. Unfortunately, the answers were misinterpreted and subsequently posted on an internet investor chat forum. The posted misinformation created a poor picture of the Company, frightened more than a few, and resulted in unwarranted selling.

They sure did not mention prior management dumping shares which brought the price suddenly down to .15. "In fighting", as I recall. Actually it sounds more like a jump ship and dump shares by the prior President.

The price was .15 BEFORE john got the information from Earl that he posted. If .15 does not cut it then they were in trouble well before john called to get investor information from Earl.

Gee, john sure is powerful. That share price has nothing to do with all the negative's of this company including that they have no orders and the plant is not operating at the moment...oh yeah, and the phone has been cut off.

I don't think I like that letter very much. At least they were honest about needing $100,000+ to get going again. I almost thought they were going to give out john's phone number so he could give out testimonials.

These guys need to line up financing and get to marketing. If the product is so well regarded and people worldwide acknowledge their product's superiority they should be able to find a backer.

Colleen in Orlando.
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