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

To: Taki who wrote (120129)	9/23/2003 10:03:21 AM
From: Buckey	Respond to of 150070

it seems if its under a penny it kabooms.

To: Taki who wrote (120129)	9/23/2003 10:03:30 AM
From: Sam Nizam	Respond to of 150070

CESY and THTHF looking good this morning.

To: Taki who wrote (120129)	9/23/2003 10:31:08 AM
From: Taki	Read Replies (3) \| Respond to of 150070

OFCC news.04.CEO Talks about $3 million profits divide by 32,500 million shares out=.09 per share.Float =7,5 million. Moreover, a 50% reduction in the current cost of capital and increasing available capital should translate into a 200% increase in profitability. As the company is able to secure additional credit facilities bearing lower interest rates, management forecasts the expansion of its leasing business underwriting ability and the building of its fleet lease portfolio to approximately 1400 cars by the end of fiscal 2004, to 2950 cars by the end of fiscal 2005 and to 4600 cars by the end of fiscal 2006. Management estimates that by the end of fiscal 2006 AJM will post annual Revenues of approximately $12,000,000, Operating Income before Amortization and Interest payments of over $9,350,000 and Net Income before Income tax factor of almost $3,000,000." (COMTEX) B: Ofek Capital Announces Letter of Intent for Additional Capital Financing Reduces Current Cost of Capital and Increa B: Ofek Capital Announces Letter of Intent for Additional Capital; Financing Red ces Current Cost of Capital and Increases Profitability TORONTO, Sep 23, 2003 (PRIMEZONE via COMTEX) -- Ofek Capital Corp. (Pink Sheets:OFCC), announces a funding agreement to enable it to increase its revenues and profitability. Ofek obtained a letter of intent and will enter into a financing agreement with Americapital LLC to lend Ofek up to $2,000,000 Ofek is currently in negotiations with number of additional parties to enable AJM Leasing, its wholly owned used car leasing subsidiary to obtain additional line of credits at a materially lower cost of capital, in order to meet AJM Leasing's demand for its suite of product and services. Mr. Shalom Romm, CEO and Chairman of Ofek Capital notes, "The continued deployment of AJM's business model enables the company to underwrite better quality leases, keep customers for longer term, efficiently utilize credit-granting methodologies and significantly reduce defaults and bad debt. Expanded availability of capital should result in the exponential expansion of revenues, as the current demand considerably surpasses AJM's ability to finance. Moreover, a 50% reduction in the current cost of capital and increasing available capital should translate into a 200% increase in profitability. As the company is able to secure additional credit facilities bearing lower interest rates, management forecasts the expansion of its leasing business underwriting ability and the building of its fleet lease portfolio to approximately 1400 cars by the end of fiscal 2004, to 2950 cars by the end of fiscal 2005 and to 4600 cars by the end of fiscal 2006. Management estimates that by the end of fiscal 2006 AJM will post annual Revenues of approximately $12,000,000, Operating Income before Amortization and Interest payments of over $9,350,000 and Net Income before Income tax factor of almost $3,000,000."