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Microcap & Penny Stocks : RECEPTAGEN---RCEPF

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To: Bruce Hoyt who wrote (149)2/8/1997 10:06:00 PM
From: vic klimpl   of 267
 
Bruce,
I think the key is that we dont have wallpaper. The company will operate and these guys got a bargain. They were dealing from strength and they should have paid a lot more. Therein lies the key. The value of the company is much higher based on patents.Ive been in so long that to sell in the 10-40 cent range is not to smart. Ill wait till business prospects send it higher.Remember they have big companies that want to license their technology and now they will hopefully start that process.We wont get rich on this due to the cheap refinance but we may get whole again.Better than zero.Remember the original finance was to be .80 cents per share so if the truth lies in between without corp. developments the true value is probably .45 -.65c
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