Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR) -- Ignore unavailable to you. Want to Upgrade?

To: CHIP TIP who wrote (687)	1/16/1998 12:58:00 PM
From: John R Resseger	Respond to of 1651

The stock came down because the main asset, 8500+ SMR licencese were put under the gun by the Feds. Moor was going to take their sweet time and build out their systems. The feds said use um or lose um and gave them 6 months. Moor sold 57 of the above for 1/2 million cash in November. Go to chadmoore.com It will explain their stradigy. They need more cash preety soon. They have cash flow from the 157 cities they built out. Motorola fronts them the equipment. They neeed to raise capital.