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Microcap & Penny Stocks : Shells With Cash: Let's Find Them! -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ who wrote (34)	9/16/1999 12:52:00 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 67

I took at quick look at RUMC's recently filed Form 10-K and it looks like a fairly clean shell that has been dormant for at least four years. Cash and marketable securities total $106,600 and there are $80,500 in liabilities. There are 9.0 MM shares outstanding so the entire company is currently being valued at $90,000. Not bad, though my guess is that there is not a lot of liquidity. The 10-K states that there are 2,500 shareholders. Form 10-K: sec.gov