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

To: KZAP who wrote (2177)	12/1/1997 5:09:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 11708

KZAP, Glad we've got you to cheerlead. Everyone just needs to take a deep breath and wait for the numbers. Good news with Pickens' endorsement. Whatever the market makers want to do, have at it. I got more at 1.43 today. Smile everyone. I'm feeling like everyone think there's a big letdown here. Hey, it's okay. It's like I just got to be with the girl of my dream and it ain't all it cracked up to be because, you know, I thought it'd be more. Well, enjoy the ride (no pun intended). We're doing great for a penny stock. It's on the move in the right direction. MChen

To: KZAP who wrote (2177)	12/1/1997 5:15:00 PM
From: kenyshoe	Respond to of 11708

I agree with you 100%. No, I wasn't waiting for any green light, but correct me if I'm wrong. Were they not going to release information on the financials today?

To: KZAP who wrote (2177)	12/1/1997 5:17:00 PM
From: tradesman	Read Replies (4) \| Respond to of 11708

<<<I hope no one was expecting C$MA to give you the green light to 'buy' or sonething like that. This is a statement, of the new 'deals'. And I LIKE new deals!! More deals, more money! More money for/into the company, more money for me!>>>> This is not particularly good news. Drilling for oil and gas is extremly expensive and everything can go wrong and waste a well, not to mention small production. The reference to 75mcf is nearly nothing. If the were talking 5000mcf that would be somewhat different, but, it takes a long time to get the and a lot of money. Been there, done that in So. Texas. I'm not at all impressed. It's very risky for a company to single handedly drill a well, they can lose millions in a heartbeat. It's also difficult to raise investor funds because of the risk. The current trend is to "go public" with a penny stock offering. This looks like just another means of securing funds for a high risk project to me and without the consent of the investors. And the saying is "buy the rumor, sell the fact". Problem here is, it's too late to sell. We're trapped.