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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Stress who wrote (761)5/1/1998 9:37:00 AM
From: John Allen  Read Replies (1) | Respond to of 1026
 
Thank you. Unfortunately, I have no position in this stock. I was very positive on this stock until I read this filing. I realized that this company looks a little too desperate for cash to be earning 11 cents per share. Also, the additional shares of stock that have been created since December alone are not a comforting factor. 4.5 million now vs 2.5 million just a short time ago. I took my mere 30% loss after this runup and bailed.

This company does have some positives though:
settled with P&G
nice looking website
low market cap even after new shares created(under 10 million today)

But I think this private placement they are implementing will lead to their demise.

Good luck to you anyway.