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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE ) -- Ignore unavailable to you. Want to Upgrade?


To: Buckeye who wrote (505)12/4/1999 2:51:00 PM
From: Little Engine  Read Replies (1) | Respond to of 1063
 
Buckeye, it's kind of funny that people talked about "deep pockets" putting money into the stock. Even when GONT was selling for 70 cents, the "deep pockets" were able to buy it from Joe Naughton for only 3 cents.

Of course, they dumped their stock for ten times what they paid for it - nice work if you can get it. GONT benefited by getting a little cash, while the big boys made a fortune off the stock. Seems only the little guy got screwed. I wonder what would happen if one of the faithful "calls the company" to ask Joe why he sold his shareholders out like that.

Doesn't say much for the future of this company.

Oh well, haven't been wrong yet. Anyone got another good scam to check out?



To: Buckeye who wrote (505)12/4/1999 7:42:00 PM
From: Tom Dickson  Read Replies (1) | Respond to of 1063
 
112 Kioskes installed as of Nov 03, 1999. Costs per Kioske down to $3100.00 each is great news. If each Kioske makes $400.00 per month, that's revenues of $44,000 per month (very conservative) at current known Kioske numbers (112). That's over 1/2 million Annualized. As expected the additional shares should help the bottom line and inject needed cash. I agree the dilution sinks but for long termers if we continue to build on the apparent successes so far we win long term. Significant progress is being made and I look at the Kioske Business and Shopgoonline.com to be the primary focus. That's all we can ask as shareholders. Buckhead and company want you to believe that the company selling 30 Million shares is a sign of weakness. I think it's going to finance a huge part of GONTs early growth to gain market share in the kiosk business area and put Shopgoonline on the e-commerce map.

The Chief