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Microcap & Penny Stocks : CRCP Carolco Pictures -- Ignore unavailable to you. Want to Upgrade?

To: Chance J. Curtiss who wrote (30)	4/14/1998 2:28:00 PM
From: P.E. Allen	Read Replies (1) \| Respond to of 137

C.J.C. When you are in a quite period, people will tell you anything just to get rid of you (investors questions). Very little can be said in this particular period of time. Let the market makers be your barometer. Two weeks ago, they did not want to give you two mills for the stock. Today, they would give you 16.5 times that amount. They don't really want to sell you the stock either that is why they raised the price to a dime. Last week you could have bought all you wanted for seven mills. All I can tell you is look at this objectively. Someone has panic and realizes that that buying that we did about a month ago got to many shares into the hands of the public again. They want them back. Remember most of these mergers, reverse mergers, etc require S.E.C. review and approval; then they require stock- holder approval. How do you insure yourself that you get the require support of the percentage of stockholders approval? You have ownership of the shares, i.e., get at least 52% of the shares of the company. If the current owners of CRCP have 30 to 38% of the stock, you have to go into the open market and get the shares, so you get a market maker to control the bid and ask. raise the bid so that is inviting for the public to sell and raise the ask so that other investors are discouraged from paying a premium. What they have indicated is that the shares are worth at least $.10 cents to them. My source says the stock is worth a quarter. You go figure it out. I long. Uncle Ernie!!!!!!!!!!!!!!!