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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 2 4:00 PM EST
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To: r g potgieser who wrote (4127)3/20/1999 6:26:00 AM
From: learnstocks  Read Replies (2) of 8189
 
rg, no summary from Mitch, no Mitch,
as you asked in your 4127. It is interesting that he said he got a 17 page fax. Now, ask yourself, does it seem reasonable that a company would bother to send out a 17-page fax of 1996 financial statements to any investor? Also, does it seem reasonable that the investor would get any such package, and then dismiss it with a simple, "nothing new here" type of statement?
Not to this hillbilly does either thing seem reasonable. If I were to get a package like this the least I would do is tell you about the balance sheet and the income statement.
Also, I can tell you unequivocally that the balance sheet and income statement for all of the companies on SI would not take 17 pages (individually, of course)to fax. None of them.
Vic
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