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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (19520)	1/10/2000 11:08:00 AM
From: stu fabian	Read Replies (2) \| Respond to of 150070

Anyone else just see a 85,000 buy @ .25 on WAST... thanks, Stu

To: SSP who wrote (19520)	1/10/2000 12:23:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

AHIC coming back, now .07 x .10 it may take a ride again, may I say cause what the heck do I know :-)

To: SSP who wrote (19520)	1/10/2000 12:39:00 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

MJXC MAJESTIC CO LTD (was SKTX) SB10 filed way early, no comments back from SEC which is good. On the bottom now, 52 week high/low .16 and $1.62 Recent .22 - .27 Jan 2000 Expecting two positive news in January, but that comes from I/R so....no news since early Dec. Subject 29946 Worth a closer look. This is is one that really hits home as this company has designed a product that safe guards our kids while they are on school buses. Its called a Safe-T-Bar which replaces seat belts. A penny stock with real earnings and fully financed. This company is not looking for money. They have secured financing. They have 1.5 million dollars in revolving credit through a private fund group. They have also secured financing for the Safe-T-Bar itself to the tune of 2.5 million. Money is approved. They have 3 divisions to generate revenue. Outstanding Shares = 26.8 mill Held by Management = 4.5 mill Actual free float = 3.5 mill (not sure how accurate this is Jan 2000) Recent chart: chart.bigcharts.com. The Majestic Companies, Ltd. 8880 Rio San Diego Drive, 8th Floor San Diego, CA 92108 For product information, please call: 619.209-6077 (telephone) 619.209.6078 (fax) For investor relations, please call: Stockbroker Relations Inc. 1 (800) 546-7950 (toll free) CUSIP Number: 560710 10 5 Incorporated in the State of Nevada - 1992 Transfer Agent: Chase Mellon Shareholder Services Recent news: biz.yahoo.com biz.yahoo.com biz.yahoo.com themcl.com 3 Divisions: The Majestic Companies, Ltd., currently has three primary enterprises in the operational stage. These three companies, each incorporated in the state of Maryland, are: Majestic Modular Buildings, Ltd.; Majestic Transportation Products, Ltd.; and Majestic Financial, Ltd. An additional subsidiary, Majestic de Mexico S.A. de C.V. is in the planning/development stage and management expects to bring this group forward in the near future. Majestic de Mexico is a maquiladora corporation registered in Mexico. themcl.com themcl.com Modular division should do 8 million gross for 99 and not only 18 months old with no debt with 2 acqusitions in the works Texas and California for a combined 24 million gross from those 2. They said they should produce about 35-40mill gross a year. Starting in 2000 MJXC from the SB10 50,000,000 shares authorized; 21,111,863 issued at December 31, 1998, 26,834,070 shares issued at September 30, 1999 Capital Stock During the nine months ended September 30, 1999, the Company issued 3,090,498 shares of common stock to private investors in exempt offerings in exchange for $1,328,275, net of offering costs. In addition, the Company issued 2,631,709 shares of common stock during the nine months ended September 30, 1999 in exchange for goods and services. Notes Payable During the nine months ended September 30, 1999, the Company borrowed $186,680 from its President and Chief Executive Officer. The loan is payable on demand and incurs interest at 12% per annum. COMPETITION IN SCHOOL BUS SAFETY RESTRAINT INDUSTRY The Company's competition in the safety restraint products is with companies that produce different safety restraint devices for school buses such as Seat Belts. The Company has no knowledge of any other company that produces a lap bar restraint device similar to the SAFE-T-BAR(R). Most of the larger sized C & D type school buses currently rely on the concept of "compartmentalization" to ensure the safety of onboard passengers. This is a passive type of protection that is meant to contain the child within a structurally reinforced passenger compartment of padded high-back seats and crash barriers. There is no guarantee that this "compartmentalization" approach will not continue to be the dominant approach in the school bus safety restraint industry or that one of the Company's safety restraint competitors will not succeed in marketing a competing product as the chosen lap belt solution. Further, there is no assurance that the federal government, the states, local governments, and/or school districts will not opt to use seat belts instead of the Company's SAFE-T-BAR(R) product to enhance school bus safety. Companies such as Bus Belts Development, Indiana Mills, BESI and Kinedyne are involved in the manufacturing of seat belts and are competitors of the Company. CEO interview here: wallstreetreporter.com