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Gold/Mining/Energy : TRANS-GLOBAL, TGA-VSE

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To: freddy who wrote (44)4/22/1999 1:22:00 AM
From: CuGeo  Read Replies (1) of 73
 
This GET technology is astounding!!! It's no wonder it is taking TGA some time to put the transaction together. This deal is going to be a blockbuster once they set it loose. It looks like the foreigners (thats the VSE investors this time) will be the last buyers to get cheap stock.( Yes I know that some paid 15 cents which is now really 60 but even 60 will look cheap!) Even though the reorg and issue pricing is being done at 20 cents this issue will be oversubscribed by several times. Remember the stock traded 83-84 million shares the day it was halted. 75 million traded in Australia in the morning and then another 8-9 million here on the VSE. IMHO this stock will trade at multiples of the issue price especially as the NASDAQ traders get wind of this. There will likely only be a float of 30-40 million shares that are going to be trading as the GET organization shares will be held back. 50 million shares at 20 cents is only $10mm. Wish I had bought a lot more than I did now. Who was to know.
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