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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Chris St Amour who wrote (122)2/14/1997 8:11:00 AM
From: Ed Newman   of 341
 
I noticed that you are into speculative oil stocks. What made you interested in this lusterless issue?

PS: I always come away impressed after talking with Charlotte, but the bottom line is that a lot of people got burned this past couple years and new money will have to be attraced, because the people familiar with the story are simply not going to trust the company based on its history.

Is that a Typo in your post? 50 million sghares after the 10 to one reverse split consolidation? That means we had a half billion shares in the float. I think you meant 5 million...right?

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