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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: Matt C. Austin who wrote (453)	2/11/1998 6:47:00 PM
From: TLWatson59	Read Replies (1) \| Respond to of 6528

What you are suggesting is a recipe for financial disaster. It is specifically a serious breach of basic elementary financial analysis to accept the "word" of people as opposed to the printed record especially if those people either cannot or will not produce material for independent analysis. You are correct in pointing out that TVSI is a essentially a "public shell" corporation with it's only asset being that it is a publicly traded entity. What all of these announcements are are just that announcements. Have you or anyone outside of the company family seen the financial data submitted by the companies merging with TVSI? Should anyone really be told if you don't believe what management says don't put your money on the line. From what I see at the beginning of this thread is a story about a company with great promise based on someone's postulation that the merger of two unknown entities with TVSI will result in a company with the potential for multimillion dollar sales over the next two years. If this is so why would it be so difficult for TVSI to present copies of the financials they were proffered by these companies to the TVSI shareholders. At the very least, although they are usually not audited figures, how about a D & B or similar reputable credit agency report showing at least some semblance of a corporate history of sales, earnings and assets. Are you telling us that a conversation with someone over the phone would satisfy you as to the credibility of the information you are receiving from them? If you knew that those giving this information were affiliated with the company a scant six or seven months ago when it was emerging from bankruptcy, would you blithely accept their word for the claims they have been making recently? Everything they claim could be absolutely so but it also is not that difficult to present real evidence to verify those claims. Some very sage people pronounced these words, "The past is prologue." The past affiliations of some of those sponsoring this stock and the ensuing results in other so called promising situations which to put it kindly just didn't work out bear too close a resemblance to be a coincidence IMO. To those who choose to play the game here good luck to you. Just keep your eyes and ears open and above all your common sense in gear.