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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP) -- Ignore unavailable to you. Want to Upgrade?


To: greentree who wrote (273)10/1/1999 10:05:00 AM
From: Micropicker  Read Replies (1) | Respond to of 317
 
AMEN!

I think you've hit the nail on the head greentree. Those shares issued in lieu of cash are being turned over and sold immediately. It's a lesson that many pennies have to learn. Unfortunately, few recover from it. Worse, once the number of shares escalates, they can't even find legitimate sources of funding. Even a mildly successful product won't help. Their only hope is for a block-buster product. I'd scratch TOUP from my watch list, except for the fact that they might just have one or more of those products. I'm glad I didn't buy at $2.00, but I may have to pick some up when the price dips to 20 cents or so.