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Microcap & Penny Stocks : Saliva Diagnostics (SALV) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff D who wrote (3306)2/20/2000 2:02:00 PM
From: John Lacelle  Read Replies (2) | Respond to of 3369
 
Jeff,

This company was a promising young NASDAQ issue about
five years ago but was run into the ground. Now its
nothing more than a "chop shop" stock. They print as
many shares as these boiler rooms can sell. I remember
when they screwed the shareholders with a couple of
reverse splits followed by reauthorization of shares.
Thats how ya extract the value of the company from the
shareholders. Then ya pay yourself a fat bonus and
reward the scam artists with insider shares. The sad
thing is, just like in the movie "Boiler Room", is that
it is a legal thing to do.

-John