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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)
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To: Baldur Fjvlnisson who wrote (1402)3/3/1999 7:30:00 PM
From: Andrew H  Read Replies (2) of 2153
 
To the thread--I talked with the company today and want to relay my impressions. If I forget to use a qualifier like "might or "may," please insert it for me.

Fully audited earnings are estimated to be out the week of March 15th. If it is later than that, the company will most likely put out a prior release on 4th Q earnings. D and T's audited book value for the company will appear with the audit. My personal guess is in excess of $15/share, perhaps considerably in excess.

The company expects that trading in FENV is about 2 weeks away. They were asked for more information from the authorities and responded. They feel that this last response should do it. So again, the week of the 15th. Should be a busy week. Of course further delays are always possible.

Finally, business for SM continues to be strong, especially since their recent partnership with Gazprom.
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