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


To: Jim Bishop who wrote (31049)2/27/2000 1:32:00 PM
From: Jim Bishop  Respond to of 150070
 
AHIC FWIW from RB thread:
--------------------------------

By: lonecypress
Reply To: 2732 by Wiser_Dude
Sunday, 27 Feb 2000 at 12:24 PM EST
Post # of 2735

I kind of agree that AHIC may have bottomed out. I got a little anxious and got in at .61 but am seriously considering
loading up on Monday. Don't think price will stay where it is much longer. Think we will see some fluctuation between now
and first of May but I think .22 is as low as we're going to see it. This .22 price area has been pretty firm for a week now.
Think investors are ready to hold on from this point.

From what I've read from this week on this thread things look rather positive for a recovery. I particularly liked the post from
"Ben Dover",
---- NEWS -----

For the investors who are feeling bruised and battered...

I just spoke with John (CFO) @ (972) 751-1900. Here is the status of the reograinization.....

(This info will look a lot like post 2508 from CKIRBYGO).

1) Judge will review the reorgainization plan on 3/21. If he agrees the plan is fair, it will go to the creditors. (This is a given,
IMHO). Basically, creditors are getting 100% of what is owed them in company equity. (Another good deal IMHO, I've seen
much worse, and never better).

2) It usually takes 30 days for the creditors to review the plan, that puts us at 4/30 for all parties to be in agreement.

3) At that point in time, all debt will be extinguished. (Keep in mind that all remaining clinics are profitable).

Now, those are the facts. We are all aware of the rules pertaining to insider information and such, so the rest of this report
is based on my assertations.

If the outstanding debt is converted to equity in the company, shares must be issued. In a previous conversation,
CKIRBYGO sited this number at 12M (after another conversation with John). Sounds about right. Now, for future
acquisitions and padding, lets say they issue another 5M. That puts us at 17M new shares. The following is cut from the
last SEC filing.. (Period ending 12/31/99).

Stockholders' Equity: Preferred stock, $.001 par value; 5,000,000 shares authorized; issued - none - Common stock,
$.001 par value; 115,000,000 shares authorized 28,144,259 shares issued and outstanding.

Hummm, total outstanding shares would be 45M after everthing was said and done, no debt, and a couple Million in the
back pocket. 45M is not a lot of shares, people. I have traded companies lately that have had over 1 Billion shares
outstanding. (Yes, I am embarassed).

So, it will take time for things to get through the courts. My feeling is everything will be approaved and the company will
return to profitability. Can you see the PR? AHIC extinguishes all debt and acquires new clinics. Talk about rocket. A lot of
companies release BS PR's that cause 100% movements, I wonder what a real PR with this news and with real SEC
paperwork to back it up will cause??? Hummm, retire at 32.

On a side note. Everyone was exceptionally nice. I did have to wait for about five minutes, but the receptionist came on
several times and ask me if I would like to hold. She finaly ask me if I wanted John's voice mail, and I said no. She then
ask what company I was with. I told her I was a shareholder and John picked up in less than 5 seconds. He also said he
follows this thread and dosen't mind recieving calls from shareholders. (How do you like them apples).

So, there you have it. Buy, sell, accumulate, suit yourself, I know what I'll be doing......

Ben Dover

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)



To: Jim Bishop who wrote (31049)2/27/2000 4:53:00 PM
From: myturn  Read Replies (1) | Respond to of 150070
 
LAHA: I just pulled this off of the RB thread. This might have something to do with the recent action in LAHA.

ragingbull.com

ragingbull.com

LAHA, it looks like this is the week it is going to take off.

In early and they eventually take off Those who are patient with the stocks I follow will be rewarded. Be patient, average down and the companies eventually come through.

MDTV was another one. Picked @ $2.00, tanked all the way down to .50. It is now trading around $5.00

PCBME, long wait on that one, but quite a few averaged down and made buckoo bucks on that one. I know a few individuals who had over 1 million shares with average price below .20.
PCBME, management was persistent. It took longer than we all anticipated, but it looks like they are pulling it together.
Many false alarms on that one, but it looks like the longs will be rewarded.

Cheers