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Microcap & Penny Stocks : SONM – Sonoma Financial Corporation (was VMAX) -- Ignore unavailable to you. Want to Upgrade?


To: scott bradley who wrote (3)7/21/1999 11:30:00 PM
From: MonteChristo  Read Replies (1) | Respond to of 205
 
My understanding is that most is held closely by a bunch of local Chicago guys. Someone told me at one time or another that these guys are known for taking local money and building a business up to success and selling to a larger entity. Can't really confirm it though, need to search out the money men and see what their background shows.

I'm also to understand that they are pretty low key. There have been more press releases in the last month than I think in the past year combined. IR guy seems real conservative about tooting a horn too loud.

97/98 K's are coming (as you can see). Understand they are working on some deals to expand in some geographic areas quickly.

I figured it was a very profitable area to be in but until I searched some things out . . . I had no idea that it was such a large business to be in. Course I've never had the need for their service.

If you would, let me know what else you dig up on them.



To: scott bradley who wrote (3)7/22/1999 8:20:00 AM
From: paper man  Respond to of 205
 
scott. greetings. The float report via DTC shows almost 7 million available. Alot of stock is held as we have REAL business owners here who are not in the selling game. My quess is that they develop their business with or without stock value of any consequence. They have been quietly at work now for almost two years.

I think it is rare to see a business on the OTCBB go and produce the goods and tell us about it later.!!

In most cases, its the tell the story now and lets see if it happens...?

Here is news again today. Seems like they have told their past story and have been bringing us up to speeed for some reason or another.

good luck