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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: .com who wrote (4971)5/19/1999 6:30:00 PM
From: Mike Sawyer  Read Replies (1) of 5847
 
It is normal for a company to raise cash by going to friends, relatives and large shareholders to sell stock. David and Brad are very large and loyal stockholders that have been invested in BANY for a very long time. They trusted in the leadership and vision of Yost when there was every reason not to buy BANY stock.

I think it was time for a payback and I also think that it was very good for the company to show that they will give a common shareholder privileges that are usually restricted to close family members.

I also think it was very good the way Yost declared a FREE, NO RESTRICTIONS DIVIDEND of ANYI shares for all of the other BANY shareholders of record in December 1998.
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