LifeOne, Inc. (LONE) Message Board

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Microcap & Penny Stocks : LifeOne, Inc. (LONE)

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To: Sipowitz who wrote (804)	5/23/1999 10:36:00 PM
From: MonteChristo	Read Replies (1) of 1834

Well, read the header to the thread if you will please. Involentary bankruptcy case has been ordered dismissed. This allows them to continue on with business now. Approx 17 million shares out, float? 8-10 Still have to go through arbitration hearings with some debenture holders. Worst case scenerio, they have to dole out some shares. Also still involved with a RICO case against some debenture holders. LONE alleges stock manipulation and shorting. No downside to that case that I can see. Powerful upside. Bottom line, they are in the business of acquiring and turning around insurance companies and growing through acquisition. They have a plan for "recovery" that you must read. Go to their website life1.com and go under news releases. Read at least the ones from this year and last. This will help you understand more of what they are all about. Let me know what specifics you may have. We'd be happy to help.

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