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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: RADARLUV who wrote (2155)4/12/1999 5:40:00 PM
From: WHITEAGLE  Read Replies (1) of 2278
 
GLCP $ .82 worth of Increased revenue from new Purchase order (Stock selling for less than .50)

---With another 76,000,000 Worth of "Purchase Orders" Contracted over the next 2 years if SmartCash fullfills exclusivity.
---The total potential revenue before Expenses could be $7.54 per share.

NEWS BIT:---- "Greenland Corporation Announces $9.24 Million Purchase Order for 385 Check Central Automated Check Cashing ATM Machines and Signing of Master Distribution Agreement With National Distributor
SAN DIEGO, April 12 /PRNewswire/ -- Greenland Corporation (OTC Bulletin Board: GLCP - news) today announced the signing of a Master Distribution Agreement with SmartCash ATM, an affiliate of ATM International, Inc., and the receipt of a 1999 purchase order for $9.24 million. "

NEWS BIT:----"The Master Distribution Agreement makes SmartCash ATM, LTD., the exclusive distributor for the Check Central Automated Check Cashing ATM in the United States and Canada. The Agreement provides that in addition to its initial 1999 order, SmartCash ATM is required to order 1,200 Check Cashing ATMs in the year 2000 and 2,000 Check Cashing ATMs in the year 2001 to maintain their exclusivity."

The deal is worth 9.24 mil. There are 11.3 mil. shares. So:

9.24 / 11.3 = $0.82 in additional revenue per share.

You can now buy over $0.82 in additional Company revenue for a stock price under $0.50.

I am not promoting any stocks nor recommending anyone buy the stocks that I pick. All information herein is presented as Strategy Teaching and should be considered as "Examples" rather than advice. They are presented as ticker symbols to do research on and decide for yourself after you have done your own Due Diligence Research. Then "IF" they fit your investment style then you do as YOU decide. Since I don't "pump and dump" day-trade then it isn't necessary to blindly jump into a stock. TAKE YOUR TIME. So buy low and sell high. (but don't miss the 1000+ % ride if you can help it.) None of the statements herein shall constitute any solicitation or recommendation for buying stocks and should be considered as solely for entertainment purposes.

George
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