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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: franco who wrote (370)	11/13/1997 1:29:00 PM
From: James Bowser	Read Replies (2) \| Respond to of 11708

franco, Since you seem to be the lead cheerleader on this stock maybe you can answer some questions: 1. Can you give financials: book value, exact shares outstanding, cash on hand, last quarter and full year revenues and losses? If not, is there anywhere we can get this info, to your knowledge? 2. When Enviro-Tec gets class V status, will that mean they will get a whole new list of waste customers or will they just charge existing customers 18 times the current rate for waste disposal? If customers stay the same, what stops them from going elsewhere to keep disposal costs cheap? 3. Why did CSMA sell their stake in Uinta, but now M3 will help them fund new oil & gas projects? (Seems like they sold an oil and gas interest but plan to get into oil and gas interests). 4. What is the risk Enviro-Tec doesn't get class V status from the state of Utah? 5. How much of an equity stake did M3 take in CSMA (in dollars and %) and what form was the stake in (common equity, preferred stock, debt, etc)? What did they pay for this stake per share, if it is equity? 6. How many shares where short as of the last known reporting date? The NASDAQ does not have short info on BB stocks. The float is only 2.4 million shares as you say, than I doubt much could be shorted. Most brokers won't let you short NASDAQ BB penny stocks, so I can't see the oublic being short. Is it a specific market maker who is short and if so, which one? 7. How many brokerage firms make a market in CSMA stock and who are they? 8. How old is Michael Pickens and what is his previous experience with public companies. FWIW, T. Boone Pickens did not have a great deal of success with Mesa Petroleum the last 10 years (in fact, the stock went straight down over that time and eventually got taken over for a fraction of T. Boone had paid for the assets) , so that affiliation alone does not guarantee success. 9. The whole oil drilling sector seems to be way overvalued now and the sector is getting killed today...it seems that CSMA is looking to expand in a cyclical business near it's peak, which can be big trouble when you overpay for inflated assets (which is exactly what happened with Mesa). 10. What is your connection to CSMA, if any? Sorry if any of these questions have already been addressed. In the interest of time I didn't read through all the previous posts. The ones I did though didn't answer any of these detailed questions. Thanks in advance for your response.