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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 5 4:00 PM EST

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To: Jon Scott who wrote (2941)3/9/1999 10:25:00 AM
From: Zeus549  Read Replies (1) of 8189
 
Jon, Would like to possibly invest in this company,but it
sounds like quite a few unresolved issues. Has this company published any kind of balance sheet on earnings for their last quarter or year?
Patent issues can be very sticky. For small companies like this it could drive them out of business. I wouldn't weight it as just one negative versus 99 positive issues. Has anyone checked on Form 505 filings etc.? If so, what does it show? If not, then the DD being done in entirely inadequate. If the management won't give straight answers and "talk around" subjects that absolutely pertinent, then IMO it's red flag time. Just a few thoughts and concerns. Sounds like an interesting "story" but is there some REAL substance--i.e. not smoke and mirrors.
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