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Microcap & Penny Stocks : JAVA: Food Concepts, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ronch who wrote (185)2/20/1998 12:11:00 AM
From: FARRIS  Respond to of 214
 
Hey,
Your stock is now worth about 1/20, actually less, than what you paid for it. The current bid is about 6.5 cents. I would bet there will also be massive dilution soon -- if they ever get anything going. Then I would look for a reverse split again. Merely speculation, but this one looks like a lousy investment at any price to me. One bright side is there are very few shares in the float currently -- I do not know the exact figure, but I guess there are only about a million total issued right now. Good luck and glad I got out pre-split!
Eric



To: Ronch who wrote (185)2/22/1998 12:47:00 PM
From: Beermeister  Read Replies (1) | Respond to of 214
 
The symbol is JAVA. I would get rid of your AOL quoter and use yahoo.com. The quote server there quotes anything from pink sheets to the big boards and seems to be real close to real time. I too bought shares. Thanks to the reverse I only own 100. The formula is now right. A small float, and only a million shares outstanding. The company sucks when it comes to dissemination of information. Its not rocket science, just release a press release from time to time. I have learned a lot of lessons from this company about investing and check things out much better before I invest. I wuuld say the only value to this company is as a shell. Hopefully a private coffee company or computer company will purchase it. If we hold on long enough, we could see something nice, depending upon the quality of the private company.