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Microcap & Penny Stocks : DRGI (Diversified Resources Group) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Snyder who wrote (328)7/29/1999 1:30:00 PM
From: Jim B  Read Replies (1) | Respond to of 818
 
email reponse from DRGI:
RB post.. bummer they aren't selling any shares to the market.. guess they have all they need to get the deals done .. and as the CEO already said.. the deals "ARE DONE"... just waiting on the news is all... NITE seems to think we'll dip to 20cents... but the others aren't so sure.. watching here to see what happens.. 20cents or 25cents.. which comes first? hmmm -- won't matter come closing.. hehe
jim

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By: strichjunge
Reply To: None Thursday, 29 Jul 1999 at 1:20 PM EDT
Post # of 1196


E-mail regarding new share issuance..

I received this e-mail regarding the possibility of getting some shares through a 504 offering at maybe .035 I have done this before and got shares at over three times the market value. I would like to know what the new shares will be used for (Is it the Carolina land deal)

Here's the e-mail from the broker...

Robert, thanks for your response and interest in DRGI. However, we have no
intentions of pursuing a 504 or any other types of capital offerings in the
immediately foreseeable future.
M. Hunt