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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO) -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (735)	8/8/1999 10:05:00 PM
From: myturn	Respond to of 1078

I couldn't resist myself. I particularly didn't care for the way the stock was trading, but since we had so many people selling to chase QPRC, I had to pick up a few. QPRC for those of you who haven't done your DD and are betting on someone elses DD; look out for the reverse split cause the CEO told me two months ago, they were considering it. Now, my DD on CDNO. I did speak to the company on Friday and the majority of this DD on this thread is nowhere near from what I was told. Reverse Merger? No comment. Is it possible? As of today; no. Could it happen? Possible. Have you had discussions concerning a Reverse merger? No we have not. Are you about to make some kind of major announcement? We are going to be issuing a couple of PRs over the next couple of weeks, but we don't consider them of anything of significance. We are just keeping the investment community of current events. Will you be addressing the financing issue? Yes. In what extent? We can not comment on it. I didn't get a good feel from my interview and I surely didn't get any of this other hype things people were posting the past week. The only reason I added to my current position; the stock was over sold on Friday, it is near its 52 week low and we will see some kind of news from the company soon. Otherwise, I am going to patiently wait it out and I advise anyone else to ignore all the hype on the threads and call the company themselves. One of two things; I was not pushing the right buttons to get the right answers or the company is attempting to keep everything hush, hush. Good Luck!