CAML lovers Where are you? Message Board

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Microcap & Penny Stocks : CAML lovers Where are you?

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To: Ted Gregg who wrote (1253)	2/24/1997 4:54:00 PM
From: Philip Pasteur	of 1541

Ted, yes another Danny W. In fact this will serve to do a few things. It will erase the 1.6 M they claimed to have earned for the European rights to digiphone (but they have already taken credit for the earnings so the hype value has been expended). It will mean that Camelot basically GAVE Meteor ONE MILLION DOLLARS back in November as start up money for Danny's newest shell. It will get the PCAMS software for 2.6 M and 3.6M shares of Camelot stock (isn't it nice to just be able to print worthless paper everytime you want to "baffle em with BS"?) course this will further dilute the stock value, but who cares (besides the investors of course)? Keep in mind that Meteor has plunged from around 60 pence to 11 pence since DW took over. It looks like the Europeans do not see a need for this software... so what happened is Camelot gave up around 3.6 M ( though most if not all of it is "funny money") for software that no one wants. I would wager that in good faith negotiations these rights might be had for a few hundred thousand and a per unit charge, but it works for DW he is just paying HIMSELF exorbitant fees, just like he did in the case of the British rights for Digiphone. Looks like Danny just played the shell game again, and ended up with another anchor for his CAML. BUT, in one stroke we justify erasing Meteor's debt to Camelot, and obscure the fact that Camelot gave Meteor a free gift of a cool Mil. Oh and by the way, Camelot has been able to show the 1.6 M as profit for a couple of quarters, helping to disguise how much money the have actually been losing. Not at all a bad deal for the cost of printing up a few million restricted shares. Don't you just love it when a plan comes together. The only thing left to consider is what the real motivation for all of this is. A good subject for our next little visit :) Now as investors doesn't this give you pause to think about the way the company you invested in is operated??

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