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Microcap & Penny Stocks : nhmcf -- Ignore unavailable to you. Want to Upgrade?

To: Harold Best who wrote (304)	11/19/1997 9:25:00 PM
From: bullmarket	Respond to of 702

Dear Hal, Thank you for pulling up the canada-stockwatch information.This info. actually strengthens my suspicion of some sort of possible hostile takeover! My interpretation: basically, after a fallout over some business deal (the golf deal), the CEO of nhmcf has to relinquish shares of nhmcf that he had previously controlled ($1 million dollars worth of shares). That would mean that the CEO now has less shares under his control and would face a tougher time fighting a takeover deal. Furthermore, by artificially depressing the share price, is it not possible that the $1 million worth of shares now means more shares, hence less shares left for the CEO and that would lessen his control of the company in a takeover fight? If the takeover scenArio is true, one other conclusion: Someone out there must think highly of this company's potential to want to engage in a hostile takeover maneuver!Given what I know of the fundamentals/revenue growth of the company, I am more determined to hold on to my shares at this price and wait for the inevitable bounce! ONCE AGAIN, I must reiterate: nhmcf is for long term investors looking at the fundamentals of a young company with great potential, and all this maneuvering should (hopefully) benefit us in the long run with higher share price! The shareholder meeting should be interesting! At the very least, someone should ask the company CEO the ramifications of this information/as well as his interpretation of the fall in share price recently. One other thing comes to mind: since the company does have the capital to do some major acquisitions in the past, one way to prop up the share price would be some sort of buy back program.Or perhaps they are waiting since they know good news re.earnings/deals are imminent, which , along with the expected short squeeze, should be enough to move the price up.