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


To: James Bowser who wrote (379)11/13/1997 2:12:00 PM
From: David Smith  Read Replies (2) | Respond to of 11708
 
James Bowser: The financials are in the process of being delivered before this month's end at the latest. None of the information that you asked in #1 has been publicly reported before the release of these financials. You'll have to wait for your detailed information. Many of the questions that you asked after that have been addressed, you'll just have to read all the posts. It might take you some time but it's worth your DD. Additionally, some of the information that you are requesting would be classified as insider information and is not released to the public. You wouldn't want us to post anything we shouldn't, would you?

David



To: James Bowser who wrote (379)11/13/1997 8:31:00 PM
From: franco  Read Replies (4) | Respond to of 11708
 
James, you gotta call either Mike Millis the company
spokesman @ 1-800-733-0087 or James Dryer at GFC
communications @ 1-561-655-7575. I think I'll call
GFC tomorrow and tell them they should start putting
the contact #'s on the NEWS RELEASES like other companies.

Hey I got more GOOD NEWS today- TOP SECRET -for BROKERS
ONLY. Not important enough for a news release.

Heres a summary(slightly abridged and xxxxx'ed for confidentiality)-
______________________________________________________________

Chairman returns 90,000 shares to company treasury.

HK Elrod reported that he has voluntarily cancelled 90,000
shares of CSMA 144 restricted stock that he received last
year in exchange for his interest in a deep gas well in
Wyoming because a joint venture partner, xxxxxxxxxx,
failed to meet its commitment to fund the necessary rework.
With re-work, the well could have netted the company a very
good monthly revenue. Both the purchase and divestiture
were approved by the board of directors with Mr. Elrod abstaining.

Mr. Elrod says that given that CSMA cannot show the reserve
value, and there has been no revenues coming to the company
from the well for more than a year, he should cancel the
transaction to benefit the company.

He said "Our stockholders have been very loyal to the company
even at a low of .15/share. Now that we are on the upswing
why should CSMA have a non-paying asset with little or no
value on the books? A salvage of $50000 is the best the company
could report and CSMA does not need any more stumbling
blocks. I will personally initiate legal collection
proceedings against xxxxxxxxx to recover my loss on the well"

The good news to shareholders is the reduction in the total
shares outstanding and the removal of a burdensome property.
The company will also not have to incur the legal cost to
go after xxxxxxxxxxx. This action also shows Mr Elrod has the best
interest of the company at heart(by giving up over $xxxxxx
in stock and taken on the liability of the well).

END OF NEWS
____________________________________________________________

Hey, we got us here a REAL CEO, putting the interests
of the stockholders FIRST. Those people from Utah SURE ARE
HONEST FOLK I tell ya. So when they say they're gonna STOP
SHORTY and go for that NASDAQ listing @ $4, YOU KNOW THEY
MEAN WHAT THEY SAY AND SAY WHAT THEY MEAN. They've already
stopped Shorty, now with this news tid-bit we see they're
pushing away all the STUMBLING BLOCKS to putting out
squeeeky-clean financials in just 9 TRADING DAYS at the
HAPPY SHAREHOLDER MEETING.

With HONEST FOLK at the controls, ROCK HARD fundamentals
(like the $700K revenue hole turning into the $52 revenue
hole, the $200 mil value ERHC deal, and the Pickens
oil experts pickin out GU$HERS in New Mexico), and A STOCK
PRICE MOVING UP AT AN ACCELLERATED PACE-
Bid started the week @ .48, ended @ .70 Tuesday, ended @
.89 Wednesday, and $1.19 today-

There just ain't no stoppin' this Coconino Locomotive $TUFFED FULL
OF BIG HEFTY BAG$ OF CA$H on its way to 10-BAG CITY, ARIZONA!!!!!

Shorty couldn't stop C$MA, the little guys profit-taking
couldn't stop C$MA- the core shareholders and big buyers are loyal
and are GONNA KEEP ON BUYIN' because they know THE VALUE
of the company is OVER $10, and are GONNA SQUEEZE SHORTY TIL HE PAYS $20!!!!!!!!!!!!

Now in a very similar situation in July, take a gander at the
ERHC Chart when it was DISCOVERED, and C$MA has the SAME
PUBLIC AFFAIRS people and has done a $200 mil deal with ERHC.
CONNECTIONS and BIG BUYERS galore!
Took people just a couple weeks to see the VALUE of ERHC
and the stock went from .30 to $5 WITHOUT EVEN A SHORT SQUEEZE!!!
And what we got here at C$MA is the MOTHER OF ALL
SHORT SQUEEZES pushin' this one STRAIGHT UP!!!

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO C$MA!!!!