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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO) -- Ignore unavailable to you. Want to Upgrade?

To: OLD JAKE JUSTUS who wrote (986)	12/30/1999 12:56:00 PM
From: CIMA	Read Replies (1) \| Respond to of 1078

CDNO recommended by aggressive investors newsletter: This is a speculative pick and not for your grandmothers 401k. Here is the material that we received on this stock: " Here is another opportunity to invest in a public shell. Those of you who were with us earlier, we had the opportunity to get into our very first shell situation, Light Energy Management (YNOT, now FRLK) when it was in the .10 to .20 area. In the weeks that followed it ran as high as $25. (Editors comment: Note, past performance is no guarantee of future results) Last week we told you about MNIA at .23. It ran as high as almost .50. Now we bring you CDNO. For those of you new to shells here is some background information: Small investors very rarely get to participate in real IPOs until after they come out and start trading. By then it is often too late, as the IPO soars. The big brokerage firms and special high net worth clients get to buy into IPOs BEFORE the stock comes out. Little guys are shut out. If small investors get to participate it is only in small amounts like 100 shares. However, there is a "poor man's" way to invest in a "quasi" IPO. It is called a shell deal. Many new companies begin trading not through IPOs, but through merging with a public shell. A public shell is a publicly traded entity with a stock ticker symbol and no business activities. It is used as a vehicle for a private company to go public quickly, bypassing the traditional IPO and all of the bureaucracy that usually accompanies it. By merging with a public shell, a private company can go public in a matter of days rather than months. Though this kind of deal is technically not an IPO, the results can be the same: a soaring stock price once word gets out about the new company. The bad news is these deals are very hard to find. It seems that everything is kept quiet. What happens is that investors close to the private company find out about the deal first. So they and their friends and families start buying the stock, driving the stock price to high levels. By the time the rest of the investment community DISCOVERS the stock, it is already priced much higher than what it was as a public shell. If the new company is successful and profitable the stock price can soar higher yet, as the ticker symbol no longer represents a shell but a new profitable company! We believe we have found a shell that is close to a merger. Here is the story: CDNO is looking for a privately held company to merge with. Rumors abound that a deal is close. We put a phone call in this morning to the company and were told that no one will be back in until next week. This could be a HOT deal for investors who are looking for a high risk, but VERY high reward deal. I have seen these kinds of deals before from the outside and missed many opportunities to get in. One ran from pennies to $1.85 after it was announced that the merger was complete. Another one called SRAD ran from .10 to over $1 within a couple of days. That shell was eventually sold again and the Symbol became PAID. From there it ran to $7. YNOT ran from pennies to as high as $25. Ground floor investors always stand to make the most money from these deals, as we are in BEFORE any announcements or stock activity. We are in CDNO for the duration and look to buy more as a deal gets closer to closing! We will continue to follow CDNO and keep in contact with our sources and bring forth any information as it becomes available. Once again, this is only for HIGH RISK investors who want to get in at the earliest level of a public shell deal. Investors must be willing to hold at least for a couple of months. You should also be able to tolerate a lack of liquidity. Remember, CDNO is a shell, so there will be very limited, if any, interest once those who know about a deal are in position. Patience is required as we must wait for negotiations and the closing of a deal. But the wait could be well worth it, as there is nothing worse than chasing a rapidly moving stock price and trying to get a profit when a GROUND FLOOR opportunity presented itself before the run up." Good Luck fellow longs...