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Microcap & Penny Stocks : EBLD - Entertainment Blvd
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To: brichard who wrote (2110)4/30/1999 1:06:00 PM
From: Pennyslayer  Read Replies (1) of 3838
 
Im still long on EBLD. The shares are not restricted they can be traded as of May 20. 1999. The warrants are restricted for 1 year. How do I expect the company to grow, the same way all companies usually grow, by making profit and using that to expand. I wish I could raise money for my company just by issuing more stock. Hey why worry about making profits when you can just keep issuing more shares. Understand, I think in the long run it will help the company with acquisitions. The person that invested made out excellent, he bought a share at $5.00 (unrestricted) and also received a free warrant to boot. Not trying to be negative I feel the money will help out but I've always been against companies issueing stock to better their cash flow.
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