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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (104224)10/17/1999 2:27:00 PM
From: strtrset  Respond to of 119973
 
The actual stock price slide occurred in a two day period and the stock pop took 3 days. If you investigate and read news from company-nothing has or had changed to cause these blips. MM's and daytraders are a current powerful force, in there lies the answers to your question. If you go to last SEC filings-and do some math. Outstanding shares are about 24mm, float is 3 to 4 mm, insiders own about 80+% of shares, there are 4 directors, CEO is Gary Robinson located in UK, COB is John Allen located in NY-555 Madison Ave. GCHC has 5 partners in China-SUTCO being the largest. They have a new gel plant in China with revs exceeding $1mm net. Officers draw min. salaries of $70 to $90k a year. No website till latest SEC filings are announced. Company has been in China for over 12 years with customer base in excess of 2500. GCHC is very close to government and meets all their regs. You notice no hype or campaign to boost share price. GCHC will announce e-commerce site-hopefully before Thanksgiving. Officers nor directors have taken salaries so far this year. Auditors say company is in the black. Chinese market for fiber optics and related products is infancy-just go to Asia.net for their news reports. Call 212-935-0561 for more details.