Now Jeff good for you ... Like the ticker implies maybe that dog will get back up so people who have lost their backsides in at .75 and above can get out finally. After almost two years of dilution in every kind of way possible(Upon the payment of the loan 60,000 shares of common stock of the Company will be issued. The Company also issued 100,000 warrants entitling the lender to purchase the Company's stock at $2.00 per share anytime prior to August 1, 1998. The loan was due April 30, 1996, but this date has been extended without penalty until the Company is able to pay the obligation. During 1997, the Company received $354,918 in the form of loans and $40,000 from stock sales. 14,522,903 SHARES as of April 1, 1998,, questionable representations or should I say premature, and what not ... they finally got financing HUH.
Oh, they are behind on their filings too ... wonder why? Last filing is only through June of 1998 and this is 1999 ... OH but there is an S8 for another 1.5M shares that was issued before they became LATE on their filings. How convenient!!!
OH YEAH ... LOL .. BTW DID you ever catch that short or maybe you will catch them now. Strange how when you were touting it so hard about a short, 300K of insider shares came into the float.
It's quaded from .09 since April 12th prior to the release of 24M financing on April 14 and then the volume dried up the next day. Can you spell inside information leak. Wonder who may have leaked this 24 M financing prior to the release ... DUH!! Don't believe me look at the historical pricing ... can you spell "front loaded" BTW Noram did not get the financing NORAM got nothing ... World Touch has obtained a commitment for private funding of up to 24 Million dollars Noram's JV got that and probably from the Indian reservation World touch has influence in. AGAIN NOT NORAM!!! World Touch will get all the money and Noram just a little of the profit.
We all know you need new buying for people to sell. Plus they sold their only asset in Florida, those worthless Bingo Halls. It was pointed out in the news release, they are not worse a hoot, but boy you touted their greatness. Guess they didn't make the revenues you thought they would huh. So now it is NEW direction time. I SEE!!!
Where is the news and all the revenues on the lottery for Venz. and all that crap. Oh that's right, it has been delayed ... for a long time now.
Guess all those consultants will finally be able to make some money on all those shares. Oh, I did not see in the filings where any of the shares were returned. What is the JV financial split it is not disclosed either ... hmmm.
You have hyped this stock for nearly two years and not one thing you have hyped has come to frutition ... Good luck to you sir. When they get caught up on their filings MAYBE I will have something good to say about it. MAYBE!!!
GB |
