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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999
BNEZ 0.00Sep 18 5:00 PM EST

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To: Ellen who wrote (2534)2/18/1999 1:12:00 AM
From: lakers17  Read Replies (1) of 2648
 
Ellen......

There were only 25 million shares outstanding when the reverse split was done and 35 million were authorized. That is why the reverse caught everyone by surprise since they were still 10 million shares away from their limit. After the 1 for 12 reverse the outstanding shares should have been a little over 2 million and the authorized limit remains at 35 million. That is why people were claiming there was a huge short position because of the large daily volume even with the new small float. By the way, whatever ever happened to the cert recall? Did everyone just forget about it or was this just more smoke and mirrors?(remember we're a team. Lol) Even if there has been a little dilution I'd be surprised if we were over 10 million shares outstanding. We have plenty of room for dilution in order to get advertising monies. Jack and Mikie have great backgrounds and should be well connected as well. The quality of this product speaks for itself. Unless Jack or Mikie have a game plan that they haven't released yet, BNEZ needs to hire a marketing expert. I have no clue at this time what Dr. Clark is doing. BNEZ's weakest link seems to be public relations and marketing. Jack and Mikie are real smart so I'm sure they're aware of the situation. As Dilbert said, we'll just have to be patient and see how this unfolds. I average .35 a share. Why would I or most of us sell now at .085 for a huge loss. I never sell a penny stock at a loss because most can rebound very quickly.(unless a company announces a reverse split and then I'm usually gone depending on the stock. I've seen two reverse splits work.) I'll ride this thing into the sunset.

Lakers
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