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Microcap & Penny Stocks : RMGG

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To: mickeyg who wrote (890)4/7/1999 11:48:00 AM
From: Dr. Stock  Read Replies (1) of 1170
 
Last year's run occurred following the closing of the deal with the Fuzhou drug company and the OK to do business in China. We went from the teens to the eighties in just a few weeks. After that, for reasons I am unclear on, no base formed and we dropped all the way back. The company sure did not help by being so quiet through this time. Let's hope they have learned to be more "talkative" with what's going on.
Additionally, last year brought the agreement with Biofarm to sell their products in China. Lastly, the plan was to bring raw materials back from China to Biofarms Romanian drug production facility. Things looked great (and still do IMHO).
This company has a license (at the time the only Western company to have it) to sell ginseng as a pharmacuetical in China.
Read the past posts to learn all about the North American vs. Chinese ginseng to see why the market there is so big (not just because of the huge population).
Vicki, are you still out there? You are the ginseng queen!!!!
Happy trading,
DS
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