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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?

To: RickT who wrote (4189)	6/24/2000 12:12:00 AM
From: dwlima	Respond to of 6039

Let's keep the message separate from the messenger. Even though I think very highly of Pluvia and A@P for providing their supporters with accurate and up-to-date information, the real point is COII...its management's history, practices, honesty, financial resources, credible partners or a lack thereof, potential for acceptance of the product, etc. I was very surprised to see COII state the following in their own news releases. 1) Letter to Shareholders - Shareholder Meeting May 24, 2000 A number of items of business will also be transacted, including the election of directors and approval of increasing the authorized number of shares of company common stock from 100,000,000 to 200,000,000...Although we have no specific plans at this time for the additional authorized shares. No specific plans to double the share amount...humm 2) ...Virtually all our shareholders are individual entities as opposed to institutional investors. This is a source of great strength for the company. is this guy serious???he prefers individuals with no research capabilities than institutions as means or support 3) "We now have 24 motivated employees, each of who are dedicated to our success." this is an amazing valuation for a $600MM company!!! 4) From June 30, 1999, "The Company currently does not have any "customers" and has sold only one CTI System to a hospital in Bangkok, Thailand" 5) "Neither the Company nor CTICO currently holds registered United States or foreign patents." 6) As of June 30, 1999, Total Number of Employees "The Company has 6 full-time employees and one part time employee. (at least they have grown a bit). The Company owns no properties. It leases approximately 1,000 square feet of office space in Lake Oswego, Oregon for an annual rental of approximately $24,000 and approximately 2,000 square feet of office space in Layton, Utah for annual rental of approximately $34,800." Geez..this is pathetic. Thanks Pluvia...I am short and going to short more next week. I only wish I knew about this when it was $20 or had a market cap of over $1 billion (I laugh as i type that) Good night