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To: Scott H. who wrote (40459)7/3/2001 2:00:05 PM
From: Ice Cube  Respond to of 40688
 
Scott, don't read too much into it, they just filed BK. Probably someone covering their short or MM's trading it around for fractions of a penny.

As for future value, someone will pick up the shell, reverse the stock and merge another company into it. The going rate now is between $250,000 and 350,000 a shell plus 10% equity to the seller. With 50 million shares out there they will reverse this deal to nothing, issue some 144 and away they go.....

This deal is done.



To: Scott H. who wrote (40459)7/3/2001 3:04:51 PM
From: Nite-Man  Read Replies (1) | Respond to of 40688
 
I don't know Scott, probably MMs playing for pennies, I got about 2.5 cents.

Best regards,

NM