SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NICM (National Institute Companies of America) -- Ignore unavailable to you. Want to Upgrade?


To: bruceski who wrote (68)7/12/2000 4:38:51 PM
From: MicroKing  Respond to of 124
 
Could be that investors are waiting for compliance by SEC. We are up since going pink but down approx. 50 % from a double top this year. Regardless you are correct about the potential of NICM. Oxford was a big step but we still have a few clouds lingering.

Only executing the business plans and PR's will wake up smart investors. The OTC market has two black eyes and investors are more prudent. Most will not invest in non-compliant companies.

A quick move up would be nice and keep the cheap penny investor away. They tend to be players not investors. It would also weed out short-term shareholders. We need a stronger shareholder base along with institutional buying and ownership.

As my previous post states I do not expect much in the next couple of weeks. So back to Lurking on RB and SI.



To: bruceski who wrote (68)7/12/2000 7:57:37 PM
From: MicroKing  Respond to of 124
 
As of 7/12/00 Wallstreet has seen over $600 billion dollars in TransAtlantic transactions. Swiss Bank UBS Warburg buys PaineWebber. AIG buys TranAmerica (NICM underwriter) Aetna is working on a deal to sell their financial services to European company ING. When the Glass/Steagal Act of 1933 was repealed there was speculation on Wallstreet that European companies (Banks, Brokerages, and Insurance) would be aggressive and buyout/merge with American companies.

Are we starting to see a trend start? Is current activity a direct result of the repeal of Glass/Steagal Act of 1933?

I say Yes and I think NICM is working quietly behind the scenes. Why else would Oxford sellout to NICM for less than their revenues for one year AND a company on the pinks with a pending SEC lawsuit against previous (MBHC) management. Something good has to be going on?

Why would they sell when projected revenues is $12 mil+ "but" sell for $4.75 mil dollars and 5 million shares + 1/2 first year revenues (approx. $6 mil dollars). According to my math there is no premium if my math is correct. They will get $10.75 mil dollars and 5 mil shares. NICM will earn approx. $6 million dollars in one year from Oxford alone.

Sorry for the long post. Just thinking out-loud. With pillars of gold upon us I'm surprised by the lack of interest and intelligent post.

Enough brain-storming...back to lurking...again..:-)