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


To: bigbuk who wrote (58169)8/5/2000 1:46:03 PM
From: myturn  Respond to of 150070
 
I am here not to prove anyone wrong. Do your DD and decide for yourself. My investment is based on what I believe the future holds for VITC. I am not basing my investment on the past. If you read the financials closely you realize they have completely changed their business model in the past six months.

We are basically looking at a start up company. Nothing more, nothing less. If they don't fullfill their business plan within the next 6-12 months I will be out of the stock myself.

I believe with the funding they anticipate on getting they will be able to fullfill their business plan and begin to generate the revenue they anticipate.

Those who have done their DD realize VITC is speculative in nature.

Positives.

1. Low OS
2 No long term debt.
3.Stock reasonably priced
4.Small float (7 million)
5.New management with new business plan.

NEGATIVES

1.Old management wit tattered past. Looms large in investors minds.
2.No real revenues coming in right now, but expected to change soon.
3Stock is very volatile.
4.Insiders filing to sell all the time. Insiders are receiving no salary and have funded the company out of their own pocket.