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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jamie Westock who wrote (131)2/20/1997 12:27:00 PM
From: Bart Sampson   of 341
 
Jamie;

Concerned with the value of my shares? I was concerned with the value of my shares at $3.00. Now, they will be nice tax write-off. Renee Courington started out as a marketing person but then became VP of Production during the reorginization. Whether or not *I* think that she's good, bad or whatever, it still looks pretty bad when the company is not producing anything, has not revealed any current titles in production (the mysterious Head Coach has yet to provide any details either) AND their VP of Production resigns. This insignificant speck of a company is about to go belly up- they have no source of income (beyond that of their generous financiers) and they have no money left in the bank. It's plain to see that this latest round of stock hysterics whipped up by Charloot is another cash grab. I would like to point out that she's been in charge for a year and the company has still not made a single dime in profits and has only produced an insignificant handful of badly-received titles.

Bart.
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