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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp -- Ignore unavailable to you. Want to Upgrade?


To: trendy who wrote (1017)8/12/1999 6:52:00 PM
From: Tom Terf  Respond to of 1028
 
They may want to dump PEC and Ontro for whatever they
can get for them.

If they stem the operating losses and pick up say $ 5M
for the investments then you have a $ 1 + stock -- assuming
the debenture dilution doesn't prop shares up to 50-60 M or more..overnight.. Then there is the little matter of all the suits they have to battle.

At 30M shares ,$ 1, even close to $ 2 per share is sustainable at breakeven, given a $ 55M sales base.

That only 1X sales or even less than 1X sales.

So.. either this is the buy of the century or just another routine NASDAQ con job. You choose.



To: trendy who wrote (1017)8/12/1999 8:42:00 PM
From: Dale Geffrey  Read Replies (1) | Respond to of 1028
 
I apologize for my sarcasm. Do you have any idea why this company has escaped the threat from NASDAQ to be de-listed? Not that I'm complaining; I still own a ton of this stock. However, the notice was long ago and I can't recall the last time we met their minimum requirements to stay listed.

Thank you in advance,

Dale