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Microcap & Penny Stocks : PRMC -- Ignore unavailable to you. Want to Upgrade?

To: Steven Seefeldt who wrote (84)	2/14/2000 1:02:00 PM
From: MicroKing	Read Replies (1) \| Respond to of 107

Date: 2/5/00 1:14:29 PM EST From: sg@prepaid.cx (Stephen Goodman) To: ################# There are 50 million shares authorized, approximately 25 million shares are issued and outstanding,the float is about 2,800,000 shares, insiders hold about 21 million of the shares. Stephen Goodman , CFO Prime Companies Inc. 2975 Treat Boulevard Suite C-8 Concord, CA 94518 (925) 687 9669 x25 email : sgoodman@primecompanies.com primecompanies.com ------------------------------------------------------------------------------ worldnettel.com does reverse merger with PRMC in August 1999. Here is some of the DD I came up. After reading SI, RB, PR's and SEC filings. I became a shareholder today. After comparing PRMC to BGOC I feel the same thing will happen. BGOC was also a reverse merger recently. I think PRMC is better positioned to be a BIGGER winner. I will be following and buying aggressively. Do all your DD on this company. Personally I'm glad I found this gem. Greg microking@yahoo.com

To: Steven Seefeldt who wrote (84)	2/15/2000 6:46:00 PM
From: MicroKing	Respond to of 107

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! "I couldn't have said it better myself".........:-) Greg PS The above article is my investment strategy. High risk better rewards. I spend days upon hours looking for companies like PRMC.