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Microcap & Penny Stocks : CBQ Inc CBQI

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To: Sportfish who wrote (564)	6/4/1999 6:55:00 PM
From: Whitetigr	Read Replies (1) of 1101

For one thing priority one has apparently achieved sustained growth and profitability. May 27 news release: ''It is a pleasure welcoming back Messrs. Bergey and Claussen to our Board. The previous Board oversaw the initial development of the Priority One automatic payment process from its' earliest stages to a position of sustained growth and profitability. " This is without the newspaper thing. Also from the same release: "Messr. Goldman commented, ''Since the acquisition of Priority One by CBQ, we have seen a tremendous increase in outside recognition of our automated financial transaction processing capabilities. In fact, CBQ has brought a number of very large customers to the table who have requested proposals for implementing Priority One into their systems. Any one of the proposals being accepted would result in dramatic increases in transaction volumes for Priority One.'' This can grow with or without the newspapers but it seems to me that there must be a good reason for them to have given us that little bit of info in the last release. There is more than just Priority One here, GLP came in because of Bid4it which they believe is the most advanced online auction system out there. More advanced than Ebay for the auction. Which they plan using and from previous news releases there is already a licensing deal. If you haven't seen this post and link: biz.yahoo.com Message 9757904 Now either of these can do well on their own built properly. Now combine them and you can have the auction and take care of the transfer of the monies and check for fraud in one package that can be used by nearly any business. Oh, and I almost forgot. Such a small float and there appears to still be that short position out there. Gary posted the letters and info about this which he was able to get at the shareholders meeting to the thread. Message 9254542 Message 9254970 Message 9257000 So I would wonder if these are the only shorts out there or not right now. Just because of the downward pressure that we are seeing from the market on what appears to be very little selling. Could be just a matter of time till a release comes out with a big name and forces the share price up or until the company posts the financials and all the business details. Shorts won't cover unless they are forced to and with such a small float once they are forced to, look out. There is my basis for optimism, there's probably more that I forgot. :)

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