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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: Fbk32 who wrote (2915)3/9/1999 10:35:00 AM
From: Dave Gore  Read Replies (3) of 8189
 
Brian et al, while I agree with your desire to demand full disclosure, I think it is important to figure out what is most important and what is not.

On the trademark that is a relatively small issue in my mind. Good to check is out, which I did, but not that big a deal.

HERE ARE MY 4 TOP THINGS TO CHECK OUT ON BB COMPANIES:
Litigation is a good thing to check out on BB stocks and examine. Not all litigation is bad (i.e MRPS's could result in a $4million award)

Check out shares O/S, float, and whether they have convertible debentures (which thank god we don't have here).

and check out management's individual history to see if they had a checkered past.

Also determine how unique a companies product or service is and if they have a powerful advantage over competitors

Let's just keep everything in perspective and let new investors know that may come over to the board and lurk , that we are checking out some things but the glass is 7/8th full.
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