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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks -- Ignore unavailable to you. Want to Upgrade?

To: Freddie Forte who wrote (12534)	1/9/1998 7:38:00 PM
From: Kenneth V. McNutt	Respond to of 13351

I had a similar bankrupt investment? some time ago, Corniche Group(symbol CGII), that still sells daily. A discount office supply outfit based in England and after a reverse merger with an American shell corp. and a 1 for 10 reverse split it then went bankrupt. The investor pack was gorgeous, the PR in N.Y. upbeat and available. The chapter 7 stated the company lost 4 million dollars in the quarter prior to the bankruptcy but this never showed in the financials. This stock languished in the low pennies then went bananas on a rumour of reconstruction under the same management that sent it into bankruptcy. I got out at $0.87 and the stock sells today for prox. $0.68. It had hit over a $1.00. Look it up on SI for fun. Maybe this is the future for our beloved sexi(no caps).Go figure investors. Masochists all. Prayers for Tele and luck to all. K