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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS

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To: Mr. Fortune who wrote (2306)3/11/1999 6:01:00 PM
From: ciVic  Read Replies (2) of 13776
 
well...lots of talking :) most important thing to relay at this time. expect NR's every 10 days or so..lots of news to tell. and a, and I quote, "SUBSTANTIAL" NR very soon....

7 employees(4 directors)

no revenues yet..but when an audite is done - they will be reporting.

project is 2 years in the making - formed company middle of last year.

on how to raise the 922K financing..

have been in contact with 50 - 100 venture capital firms

maybe do a 504 privately

100 mill shares authorized

36 mill shares outstanding

23.8 Restricted shares 144 (1 year restiction)

of remaing 12 about 10 are closely held

2 mill public float

other than that 'they' said that SHARE VOLUME was a #1 PRIORETY with daily meetings about the volume.

etc. Came away from it feeling...above average but not exstatic. I think as a long termer very good upside. in the Short term I think that "SUBSTANTIAL" NR's and subsicuent every 10 days could be very good for the price as well....if they come through on there PR. they are talking with 2 PR in the USA at the moment to help them get out the message.

ciVic
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