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Strategies & Market Trends : DD'S Cellar Dweller Stock Watch

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To: Due Diligence who wrote (273)5/20/1999 2:39:00 PM
From: lakers17  Read Replies (1) of 598
 
LGOV...

Great story here. They have exclusive rights in China from a deal that was signed by a Hong Kong company which they had bought. Laying miles and miles of pipeline for gas and water. They have 200 employees and have revenues and should have earnings which will be shown when they become reporting supposedly June 15th.

The authorized shares are 200 million, outstanding 180 million and the float 50 million. Don't let the big numbers scare you. Two big officers of the company own 70% of them and there is no significant debt and no convertible out there. The president says there will not be a reverse and they are also in negotiations with a big well known partner. No other American company will be able to get into China on this. Well worth the call to President Daniel Mendez at 949-252-2180 to get the whole story. Very impressive. Three or four big news releases coming. Stock trading near the 52 week low at .105. Tons of upside here.

finance.yahoo.com

Lakers
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