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Microcap & Penny Stocks : RECEPTAGEN---RCEPF

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To: dale berman who wrote (156)2/11/1997 10:16:00 AM
From: Bruce Hoyt   of 267
 
I think investors are still trying to understand the impact of the new financing arrangement. This could be a real delayed recovery to those higher levels we saw a few months ago, but I think it will get back up there within the next few months. Looks like a holder at this point, unless a big player steps up to the plate to buy them once they become solvent again. Also would'nt mind seeing a competing financing deal prior to voting time.

Bruce
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