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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (3658)12/30/1997 12:29:00 PM
From: FARRIS  Respond to of 8835
 
All,
When you have time you might want to shine a light on LGOV. The thread is excellent -- some fellows doing some very in-depth DD over there.
It is close to a long-term low (ask .11 or so)
This is a holding company 70% owned by the Chinese -- much to the SEC's chagrin. Anyhow, based on what I have read, they brought in $6 million last year and made $1 million. Hard to believe -- thus the deep digging being done as we speak. One guy is talking with the Chinese embassy trying to verify. They have a very good web site -- links throughout the thread.
The float is fairly large -- 12 million, I believe. Once again all of the information is on the thread and if it has not been verified -- it is being verified.
One thing I like about this one is the partners they have -- SHV Holdings, a Dutch, global 500 company and the Chinese company whose name I cannot spell off the top of my head.
You will like what you see -- I am sure.
Do NOT rush in -- watch it develop over the next few days.
Speaking of incomplete posts... I apoligize for my laziness.
Oh, one other thing -- my opinion -- this compnay will not dilute the stock under any circumstance. Why? First, it would piss off the their partners who own 70% of the company -- the Chinese are shrewd people. Second, they have rich partners to get money from if need be.
I have some questions and problems with LGOV, but it sure looks good on the outside.



To: Ga Bard who wrote (3658)12/30/1997 1:09:00 PM
From: REM  Read Replies (1) | Respond to of 8835
 
Gary...TSIS?...I'm new at pennies and don't want to make a big mistake...fundamentals look ok but IR person is offering to sell me shares direct from the company...is that ok to do? Is it legal? AND, he's hypeing the company to go way up quickly....if so, why would he sell me his shares...help please!!!! Bob