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Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?

To: Beacon Light Holding who wrote (3800)	9/23/1999 6:12:00 AM
From: Pendretti	Read Replies (1) \| Respond to of 4080

Most people are missing the big picture IMO. The numbers they presented in the press release are approx. USD 200.000 profit after taxes. This is only for Wellux and subs. Remember that Beacon only paid 500.000 common shares (valued at approx. USD 1) for this company, which means that the EPS on this number of shares is approx. USD 0.40. Right???? Please react. The numbers of the other companies we still don't know. Remember that they expect to have approx. USD 2.5 mio. profit in the year 2000 from this Hong Tex company for which they issued 8 mln. shares. This means approx. USD 0.31 EPS (I don't know if the expected profit is after taxes). About Niphix, I am glad they are not pursuing that because it was a loosing business IMO. Remember that I showed you that the PINK sheets will be a competitor to the OTC-BB because things are going to change. So, what will be the value of NIPHIX, nothing in my opinion. After the BB the Pink Sheets will be the place to go and where you have your stocks traded. The only thing I would like to see is the audited numbers and then the stock can stay on the BB. This would enhance the credibility of the company IMO with investors. I think the stock should be worth somewhere around USD 1.5-2 , but again, just my opinion. Please give me your comments, especially from Beacon if possible. Rene.