To: David Smith who wrote (4279 ) 1/4/1998 9:57:00 AM From: Steven Durrington Read Replies (1) | Respond to of 11708
CSMA - Miniconglomerate with Big Potential Coconino Sales, Mergers and Acquisitions (OTC BB : CSMA) is a small company with quite good growth potential. It is the parent company for 4 subsidaries :- * Envirotech * Coconino Oil and Gas * Adhatters * LPS Ltd Envirotech manages a class II disposal well in Utah. It is currently profitable charging between $0.40 and $0.70 per barrel. At the time of writing this, CSMA is in the process of applying for an upgrade of the well to class V. This will enable disposal of different types of hazardous waste, and also result in an increase in the charge per barrel from current levels to the $16.80 to $29.40 range. If approval goes ahead from the EPA and Utah state authorities, the disposal well has to have some reworking done before commencing Class V operations, but this will not be a significant cost in relation to the expected increased revenues. The current production of waste in the area around the disposal well significantly exceeds the available disposal facilities and there are no class V wells for a significant radius. References can be found at :-biz.yahoo.com biz.yahoo.com CO&G has recently acquired new properties for development and sold unprofitable and/or unworkable ones. It is working in conjunction with M3 to acquire and develop more properties, and recently purchased a gas field in Texas which is expected to be profitable in the near future, as little reworking has to be done. As part of the Uinta property sale, CSMA also retains shares in the company ERHC. Additionally, a new class V hazardous waste disposal well may be created from a depleted oil well on on of the new properties. References can be found at :-biz.yahoo.com biz.yahoo.com Adhatters manufactures a range of air fresheners with unique presentation including cowboy boots and native american indian artifacts. This subsidary has received very positive feedback at trade shows, and is expanding its market share by entering into distribution agreements with major retailers. References can be found at :-biz.yahoo.com biz.yahoo.com LPS is the financial services subsidary of CSMA. It offers an increasingly diverse range of products to a growing clientele, and is fully expected to show significant growth and profit in the near future. It is headed by Mr David Benyon, who has considerable experience in the financial industry. References can be found at :-biz.yahoo.com biz.yahoo.com CSMA is seeking Nasdaq listing for the company. This will raise the profile of the company within the investment community and reduce the volatility that has been witnessed in the last several months. A $4 share price is required for initial Nasdaq listing. The management of CSMA are enthusiastic about its future developments, as are the shareholders. The company has seen a turnaround towards profitability, after discarding unprofitable elements and entering into high demand industries. It was the victim of a concerted shorting campaign after minor losses last financial year. However, in recent weeks, the price has stabilized, after a period of volatility and every indication is that this small company is poised for significant growth in the near future. This post is a summary of recent events, current from 4th January, 1998. The original post for this thread was started under the heading of "CSMA @ $0.30 - A Short Squeeze in Effect" by an individual named Franco. It was the opinion of many participants on the thread that a more current and less sensationalistic opening discussion of the company should be posted, in order to give potential investors a balanced point of view. Good luck with your investment in CSMA, and welcome to the CSMA discussion thread. There are many people here who post informative and intelligent information for the benefit of others. We hope that you find it beneficial, and we look forward to any input that you may have. 4th Jan 1998.