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Microcap & Penny Stocks : PCES - paid $4.75 Million by 3M Corp!!!
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To: dexx who wrote (34)3/5/1999 8:41:00 PM
From: Zeev Hed  Read Replies (2) of 523
 
dexx, I called the man this afternoon to find out what they are looking for. They want to "reverse merge" with a company having at least $25 MM in sales give them the two millions so the stock holders of PCES end up with a minority of the company they merge in. Since no one knows what the preferred investors have the "book value" of $.37 may be quite doubtful. It looks like a smoke and mirror to me.

Zeev
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