DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (2211)	3/15/1999 1:55:00 PM
From: RICE	Read Replies (1) of 2303

I just received e mail from doubleday consultant to company: "To answer some of your questions. 1) As far as promotion of DBDY goes, my firm which is co-ordinating some of the effort has contracted the services of Power Financial to take care of Internet marketing of the stock. This is not your regular pump and dump promotion rather it is an effort to emphasize the fact that the stock is now undervalued. There were numerous mistakes made in the past which have been cleaned up or are in the process of being cleaned up. When you mention promotion I get defensive because most promotion is short lived, with run-up of prices and a quick drop. What we are trying to achieve is continued growth of the stock price based on some sort of fundamentals rather than rumours. 2) The additional 5 million shares are the stock that would be issued if the company purchases the goldmine rights. Even though the stock would be escrowed it still increases the float and should be counted. See the February news release regarding the purchase. 3) Financial statements are being prepared as a requisite for a 10K filing. They will be made available to everyone once the company files the 10K. Where DBDY stands now it appears that the filing is 85% complete. For DBDY this filing is quite extensive due to acquisitions, changed management and restructuring all of which has to be disclosed and explained. " I did not post the following last week until I got an answer on the 5 million shares outstanding: " About meeting the .75 cent share projection on the stock we feel that based on current cash flow and profit margin the stock has fundamental value of about 75 cents per share. As you probably know that having revenues is simply not enough sometimes. That is why we have undertaken a concerted effort to get the company's story accross to potential and existing investors. It is important to us that everyone knows where the company is heading and why. As for the extra 5 million shares please clarify, I not sure what you are inquiring about. " Thank you, Ian B.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next