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

To: Mike Felty who wrote (636)5/3/1998 12:40:00 PM
From: Stuart Schreiber  Respond to of 2278
 
Mike, I agree with your premise. We all know how difficult financing can be for BB stocks in general. Launching a new product costs big bucks. If I were to bet, I'd say they were selling shares to raise money or they've paid some people with shares. Logically, other possibilities are counter productive to the officers of this company who are finally ready to see the fruits of their labor.

I guess I have bet by taking a position in this stock.

stu



To: Mike Felty who wrote (636)5/3/1998 3:38:00 PM
From: Alan Coccio  Read Replies (6) | Respond to of 2278
 
Mike, I think you might find that the company has doubled their authorization and is now authorized to issue 100,000,000 shares. When they get around to filing their 10K for 1997, this little gem should be included.


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