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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 24 4:00 PM EST

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To: SteelerStu who wrote (661)2/27/1999 12:48:00 PM
From: Andrew H  Read Replies (2) of 8189
 
Great post, Stu, thanks for the call.

It would be great to see that 1.4M shares come out of the float, but my guess from the way the stock is trading is that most have been sold and the IR firm will either have to pay cash or go bankrupt. They will most likely have to pay current value by the time the lawsuit is settled and will probably default. Unless they are a really big organization.

It is good to hear about the brokerage interest. Normally it would be hard to believe about an OTCBB, but in this case I can believe it, since these firms have found a legit company with great prospects and would love to get in early and help the stock onto the Nasdaq.

Great news on the Army Corps of Engineers and the automotive chain.
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