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


To: M. M. Jones who wrote (3086)3/28/1998 5:21:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 4736
 
M.M. here we are a year later and the stock at about 10% of its value a year ago, and the question I had then: "What is the condition of the balance sheet and income statement of NAMX,
and how many and what types of shares are issued and outstanding?" is still being asked. Not having had a position in this stock and unable to find this information on the web, I would have thought that by know the oldtimers would have found out and educated the thread about it. You guys need a simple post with the financials posted there so everytime a newbie comes and ask, you can send him to that post. I just do not see how one can claim that this company's stock will get anywhere without even knowing how to put a value on the shares. If one thinks that the sales will balloon to $1 Billion in ten years, it ain't much if the number of shares is 10 billions (both numbers taken from thin air by the way).

Good luck to all.

Zeev