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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!
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To: del clark who wrote (4032)4/28/1999 9:34:00 AM
From: tkb  Read Replies (2) of 4230
 
Del;

I don't think I have rose colored glasses on. I am well aware of all the risks in this investment. However, I do not wear glasses with only storm clouds on the lens. I have stated repeatedly the possibility of problems ( such as more shares exist) however I look at the most likely senarios. You only take the negative view on everything this company does. Shares did double last year. Was that Colin's desire and he was trying to screw us? Or was it due to convertible debentures, poor financial advice, and people who wanted to short this stock to zero which led to the ridiculous doubling of shares. I think it was the latter, although it could be the former. Yes Colin has withheld vital information from us which I don't apprectiate. However, what makes the most sense now with the DTC stopping certs. Its not that more shares have gone out the back door. Rather it is that there has been some screwup in the share count. You have Pritchard who has a great reputation and the share count has been stated to be 17.9 mill shares. I think if there is a restatement of shares it will be less not more. Nuts just stated that the cert problem maybe due to 2.5 mill restricted shares which are in the DTC pool. This could go back to the 2mill restricted shares that Colin loaned out last fall and some or all were erroneously sold. Del, how about ten dollars that if the share count is restated from 17.9mill that I say it goes down and you say it goes up.

tom
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