Public Shell/SEC - No Debt - $.83 p/s cash, $.28 last ask Message Board

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Microcap & Penny Stocks : Public Shell/SEC - No Debt - $.83 p/s cash, $.28 last ask

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To: Paul Andrews who wrote (2)	5/16/1999 8:59:00 AM
From: Labrador	Read Replies (1) of 17

You are correct -- but I read the company's 10-Q and really saw no description for the extraordinary gain -- no news during the quarter that I could find. Company has a significant deficit in earnings since inception, I note. What makes you think that the company will do better investing on a go-forward basis, then they did in the past? Why not liquidate the cash and let the shareholders go home with some money -- is this a possibility? Any thoughts as to whether the company will stay in exploration/energy or move towards other areas?

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