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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Zeus549 who wrote (3850)3/21/1999 12:28:00 PM
From: tkb  Read Replies (1) of 4230
 
Zeus:

The past history and whether their former earnings are restated are irrelevant. The current revenues, O/S and future earnings are what's important. I have met 40 stockholders who post on Thrill's/Conrad's board. Their reported shares were 100% accurate. I know another 10 people who I have posted their shares on the site. I firmly believe that Conrad's share count is 90% accurate. Have you ever looked at it??? Anyone who doesn't update each month is scrubbed. Currently there are over 8mill shares listed and about 1.3 mill who have not updated this month and will be scrubbed in two weeks. The float is only 8mill. There is a long list of people and positions not listed on that board which goes into the millions. Therefore, if you have done some DD on the share count you would not question the veracity of a huge short position. You also cast some aspersions on the cert pull. I have 63k tucked away along with over 4 mill held by the slogs on Conrad's site. With the typical Slog resolve we pulled more certs than the original float. Nothing happened because of the increased float. However, the tortoise can win the race and will with the resolve we have.

Do you really think that Heysek has not seen the form 10. This guy has a reputation to up hold. I think he has been around the block a few times on BB crap. He is not sticking his neck out without seeing the audit and probably the report. Think about it. He didn't mention the short position, but his release of his report prior to the form 10 maybe so he will look like a genius if this skyrockets.

The "thing" as I understand it, is probably some form of spin off as an internet subsidary or a parts company or the like. They would issue shares in this subsidary. If there is no market for the shares, then the shorts will have to settle up their accounts prior to the distribution date since they can't provide the commodity. With a simple dividend, they just put up the $$$

tom
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