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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (705)6/16/1999 2:13:00 AM
From: Jim Bishop  Read Replies (1) | Respond to of 1174
 
< I talked to him the other day.>

By him, I assume you mean O'Shea? But there are two companies looking to merge into the shell?

Okay lets get this straight:

82MM o/s market cap about $2.2MM

What's a shell worth? $250,000, max IMO, but lets stretch that to say $300,000, no lets go all out and say this is a beauty, worth $500,000 as a nice round #. Hmm, no matter how I work it, the stock should be below .05.

What makes this shell, sorry empty holding company, better than any other clean one, or worth, .027?

Accumulation is still on my mind, but I'm thinking $Mogul is right, and accumulation, much lower, might not only be wise, but very probable.



To: $Mogul who wrote (705)6/16/1999 7:27:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 1174
 
<Don't fool yourself here guys, I talked to him the other day. He is paid to just file the paperwork for the two companies looking to merge into this shell>

Michael F. O'Shea, President
1-864/962-8906
Fax requests to 1-864/962-8417

Okay, I'm still :-) but it was your post that brought out the old calculator and got us figuring last night, and came up with .015 max, and went to Plan B, LOLOLOL, breaking all my own rules once again.

Then I see <Buying CHES here> but I didn't get back to my computer until after market close :-(