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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (5828)8/24/1999 10:38:00 AM
From: rocket rider  Respond to of 6957
 
, but they were only the tip of the iceberg.

Here is the tip of the iceburg: From the Aug 18
PR

e-DMEC also announced today, the cancellation of its arrangement to reduce its current liabilities with its two largest business creditors by converting the outstanding commitments totaling $1.9 million into one-year restricted Common Stock of Diamond Entertainment Corporation. After careful consideration and study of its current operations, e-DMEC management felt that this payable commitment could be satisfied through revenues generated by the Company
thus preventing unnecessary stock dilution in the future.

You are harping on old news that is two months old. Read
the current news.



To: im a survivor who wrote (5828)8/24/1999 10:59:00 AM
From: DuGen  Respond to of 6957
 
I knew there were problems when I bought. I've got hope they can turn DMEC around, become profitable, etc. That report was published 10 months ago and a lot can happen in that time. I just want to see it in an audited report, not a PR.

I'm not happy about what it said but not scared either. Not enough to dump and run, but I'm not buying either. Not until I see a definite turn around and so far it hasn't.

DuGen