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Microcap & Penny Stocks : RMGG -- Ignore unavailable to you. Want to Upgrade?


To: Old Stock Collector who wrote (15)5/8/1998 9:27:00 AM
From: DR. MEADE  Read Replies (1) | Respond to of 1170
 


ragingbull.com

TITLE : Re: RMGG-right on CNBC and Dow Jones don't cover flakes
AUTHOR : sssstrader
DATE: Thursday, 7 May 1998, at 1:30 p.m.
IN RESPONSE TO : RMGG-Major China deal - this is going to be HOT, posted
by david on Thursday, 7 May 1998, at 1:05 p.m.

From what I hve found out Rocky Mountain Gingseng is going into this
with a company called Biofarm They will have guaranteed revenue of 1.5
million for the first year and Biofarm will also help them get
established for the first year Float is 8 million Shares outstanding 20
million Financials due out any time New company has positive cash flow
Contact IR Bob Bell at(604) 420-0095 FAX: (604) 420-0096

THIS IS HUGE!!!!!!!!!!!!!!!

> RMGG webpage corp.direct.ca

> techstocks.com
> Trader, Read what has happened and try to ignore the CNBC thing. THis
> company has just backdoored its way into China. I am quite familiar
> with this process as I own two other stocks that have done the same
> thing, thus far to good success. Today's volume was not based on the
> chance that the CEO would be on CNBC -- 5.1 million, most of which
> went at or about the .20 range is not JUST a bunch of Internet folks
> buying in IMO. This root is a very big deal over here in the Orient
> -- BIG MONEY! If this company has it and can sell it effectively in
> this part of the world -- look out. The fact that CNBC had anything
> to do with RMGG says this is VERY likely a legit company with great
> potential. I love to trade when the opportunity presents itself, but
> I will hold on for at least another day with what I have to see if
> the buying continues -- I bet it will. Eric

I have read it! Reply

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To: Old Stock Collector who wrote (15)5/11/1998 5:53:00 PM
From: Gator  Respond to of 1170
 
Another good piece of news.

The StockDetective site which publishes a list of "Stinky Stocks"
(http://www.stockdetective.com) listed RMGG back in October 1997 as a stock to watch (not officially a stinky stock, but it did show up on their radar screen because they questioned how a new stock could have a free trading float of 7 million). I guess they finally did their homework on RMGG's September 1997 listing and got satisfactory answers, so RMGG never made the "Stinky Stock" list.

Big news is expected shortly. Financials are expected shortly. Just getting a fraction of the 225 million in population that they will be able to reach with the China agreement will do wonders.

Just some sample numbers: I think I read that 1 in 10 people in China use ginseng products. That leaves 22,500,000 potential buyers. If just 1% of that 22.5 million buys $5 worth of ginseng products from RMGG per month, that alone represents $13.5 million in sales!

Just something to think about.

Gator