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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?

To: Scandle34 who wrote (2109)	11/23/1999 1:55:00 AM
From: Sportfish	Respond to of 2406

Can't follow... please translate for us all. TIA SF

To: Scandle34 who wrote (2109)	11/23/1999 7:20:00 AM
From: Scandle34	Read Replies (2) \| Respond to of 2406

To summarize. First "Blayski", then I spent over thirty minutes each on the phone with Jeff Turino. It doesn't take too many phone calls like that to take a chunk out of your day..... The "bad news" is we did not acquire Matrix Technologies. In a sense, that's too bad, (see www.matrixtechnologies.org and www.lodgistics.com). In the end, Jeff Turino realized he had no business trying to run a software company. We still have full access to their technology, custom software and other advantages without any responsibility or associated revenue. The "good news" is that Jeff, the lawyer and the CPA are sitting down next week to fill out Form 10. H esays, "I won't say Dec. 3rd, or 10th, or 6th or 8th, but it will be in theat range." What really struck me is that MBE requested and received several BIDS to provide this service. This was not some scheme PCBM convinced them to pursue. We beat out such competitors as FC, VMax and Ace in am open competition. Think about it. It was the cash card. Store opennings are more or less on schedule, as stated in last week's PR. Advertizing starts after Christmas when the stores in FL are mostly up. He sais what I have always said... You do NOT advertise a store till it's open. All it takes is one person seeing the ad and going to an MBE that isn't open and word of mouth kills it all. Jeff Turino thinks they will be in time to avoid the E. I think with the holidays the E is inevitable, but delisting will not happen. The company has printed no new stock and OS is still 67MM. He said there are a few very old warrants which are out of the money but that led to variations in the OS estimates (71MM in August). Company is not selling. Restrictions are expiring and some very long term holders are selling. Primex appears to be. We discussed the store model (http://www.ddstocks.com/stores.pdf or home.earthlink.net and look for stores.pdf). My model assumes a typical daily loan balance of $10,000. He said some neighborhoods might do so poorly but they have stores that do $30,000 average and $40,000 peak. He also alluded to those other deals in the works. They are still in negotiations and if/when we get them, they will also be big.