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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK
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To: RICE who wrote (2154)3/9/1999 2:40:00 AM
From: Larry Brubaker  Read Replies (1) of 2303
 
RICE, some of us remember the last time this stock was pumped and dumped. We remember big revenue projections that did not come close to being true. We remember $100 million contracts which disappeared before our very eyes. We remember deals for the forward-selling of tax credits that did not materialize. We remember plants that were promised and never built. We remember the company announcing they would be buying back shares while they were secretly selling shares.

Instead of hyping optimistic revenue projections, why don't we start with current financial statements? Where are they? How much money is the company losing? How much money do they have? How many shares are outstanding?

What are the plans to become fully-reporting? Isn't 1999 the year that non-fully reporting companies become delisted from OTC:BB? Isn't the delisting of non-reporting companies to be phased-in by alphabetical order? Won't DBDY be one of the first to go unless they do become fully-reporting?

These are just a few of the questions I would want answers to if I were considering an "investment" in this company. Of course, if the goal is to ride a hype-driven spike, that is another story.
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