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Gold/Mining/Energy : DALECO RESOURCES ( DLOV ) -- Ignore unavailable to you. Want to Upgrade?


To: BILL G. who wrote (90)1/29/1998 10:39:00 PM
From: Ken W  Read Replies (1) | Respond to of 197
 
Bill,

I agree! Shaking out some weak hands. After reading the shareholder report and outlook by DLOV I've decided to hold on through the split.

If nothing else it will be interesting to see where the stock will go. I found it very encourging that the board voted to cancel all salary for the officers and move to options as compensation. This indicates to me that pay is going to be based on performance. I also liked the statement that the co. does not intend to fund further aquisitions by issuing more shares. The down side is that most of the loans are secured by % of net profits. I am in a hold mode at this point, not buying....but not selling either.

Ken W