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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?


To: cAPSLOCK who wrote (2323)1/22/1998 4:32:00 PM
From: M. M. Jones  Read Replies (1) | Respond to of 4736
 
I was one of the ones who read the screen, and didn't scroll all the way down to the bottom. I thought I had read the whole thing. I didn't buy stock because of it, but I was excited by the news. When I found out it was bogus, I felt betrayed.

But we all make mistakes. I forgave him.

I like today's press release from NAMX. The last lines -- "with interests in Colorado and Nebraska" -- may be anticipating the rumored press release regarding UPR and NAMX.

M.M.



To: cAPSLOCK who wrote (2323)1/22/1998 4:42:00 PM
From: Jim B  Respond to of 4736
 
Thursday January 22, 3:38 pm Eastern Time

Company Press Release

NAMX Forms Exploration and Production Subsidiary in Delaware

SEATTLE--(BUSINESS WIRE)--Jan. 22, 1998--North American Exploration Corp. (OTC/BB:NAMX - news) Thursday announced the formation of NAMX Energy Inc. (a Delaware corporation) as a wholly owned subsidiary.

Deborah S. Peppers, president and chief operating officer, stated that NAMX Energy is the domestic exploration and production subsidiary of NAMX.

''The formation of NAMX Energy is the first event in the restructuring of the company to administer its two distinct businesses: (1) international application of its EM Sounder (GPR) technology, and (2) domestic oil/gas exploration and production,'' she said.

NAMX Energy Thursday filed for authorization to do business in the states of Colorado and Nebraska, where it has interests.
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Contact:

North American Exploration Corp., Seattle
206/326-5468
206/326-5469 (fax)
800/600-8599 (corporate communications)

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More Quotes and News:North American Exploration Corp (OTC BB:NAMX - news)Related News Categories: oil/energy

jim

Any comments on this one??