Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Angelil who wrote (135)	4/29/1998 1:47:00 PM
From: RCJIII	Read Replies (2) \| Respond to of 2278

CEO told me yesterday that they had around $300 million in deals awaiting FCC approval which they were applying for today. FCC approval should be a mere formality and should come within a week. He also said a flurry of deals and announcements would come once approval was gained. Run the numbers 37 million shares, $300 million in deals. Value the company at one time sales, which is conservative and you come up with $8 per share. Say only $100 million in deals comes, we still have a value of around $2.75-$3 per share. In my opinion, once FCC approval comes and we get a few announcements we will hit $2 a share quickly. Remember BAAT. They had a revolutionary technology and rumors circulated Ford was interested. The stock shot from .06 to $3.25 very quickly. It then dropped to around $1 where it has been since then, because they have yet to announce the deal with FORD as FORD is still investigating the technology. Greenland's technology has been proven effective in several pilot programs around the nation. Once approval comes, the deals quickly follow and the stock price goes to the moon. RCJIII

To: Steven Angelil who wrote (135)	4/29/1998 1:55:00 PM
From: Mark L. James	Respond to of 2278

Steve, I just got off the phone with Carl Davis of Greenland (619)566-9604 and had a nice chat with him. I requested if they are indeed planning on filing with the FCC today he advised yes. I asked if the 1-2 week time frame for an answer from the FCC is accurate, he advised yes as they have had prior dealings with the FCC. Regarding contracts they are on the table. Regarding earnings postings in essence a no comment. The call ended with Mr. Davis advising they are very excited. Considering the amount of shares traded they are not the only ones. He also advised he has many calls in so for anyone calling Greenland, be patient. He said Greenland could also answer questions via their website. Articulate man, the company has great vision. Do your own DD as always.