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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk

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To: Terry D. who wrote (2825)5/27/1999 7:36:00 PM
From: Little Engine  Read Replies (2) of 4824
 
This just in....

ragingbull.com

Up to 75 million shares outstanding now, and 50 million in the float?

Six months ago is was 49 million... #reply-6483918

So 26 million shares in six months? Time to start posting weekly share counts. Up up up up up.

The company is issuing over 4 million shares a month and dumping a substantial number straight into the float. And some people actually wonder why the stock isn't going up?

Issuing a million shares a week. How long before it totally crushes the stock price? Sure explains the high average volume, doesn't it?

At .20 a share, that would equal over $5 million... not a bad take for setting up a couple kiosks, no? You could always spend $1 million to make things look good, and pocket the other $4 million. Best business plan I ever saw.

Sorry, but this has turned me into a Joe Naughton admirer, the way he is fleecing people. Gotta start my own BB stock. Break out the flying coffee makers.

New JNNE slogan: "Another day, another 200,000 shares issued."
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