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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?


To: emergencyops who wrote (559)5/6/1998 6:56:00 PM
From: Michael A. Johnson  Respond to of 2211
 
Gary: When Ray and Jack were in Scottsdale a few weeks back making presentations to brokers and other potential investors, they bypassed the expensive Motel 6 in resort-priced Scottsdale and stayed instead at an old TraveLodge in Tempe. Breakfast didn't cost them a cent since I picked up the tab! And they drove, not flew. This is a low budget production all the way.

The two presentations to potential investors I have participated in (one was in my home) were very professional. Ray appears to me to be a very well qualified CEO who, over the past year, has devoted his life and most of his personal assets to making this company a success. I have no doubt that the needed financing will be obtained, and it will be sooner rather than later.

By the way, I tried to buy NVXE shares today at .0775 and got none. The market makers are happy to pick your pocket at .06 but won't let you have any under .08. That only a 33% markup! For the patient the day will come when the shares will be $5 bid, $5 1/4 asked, a much cleaner spread. Please don't ask me when, but I do expect it in my lifetime, and I am now age 55.

Mike