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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (5321)	8/5/1999 10:17:00 AM
From: Milk	Read Replies (1) \| Respond to of 6528

Thanks. This is how I look at this situation: yes, Raabe's name was mentioned in the complaint, and he was apparently with the company when the allegedly 'misleading' PRs were released. The other two directors and the new addition - Michael Lowe - have 'clean' records. The company had $250k in operating revenues last quarter (officially filed with the SEC), and the stock is trading under 2 cents (not 25 or even 10). Look at CHES and the allegations brought against its former directors over a year ago, and the recent judgement (they were ordered to pay $5M, and were barred from participating in any public company, if I remember correctly). The stock is now over a dime (new mgt, new biz plan). That's why I believe that AREE can be a very good speculative play at these prices, with significant upside potential. Of course, they have to file on time (before Aug. 15); if they don't - all bets are off. M.