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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: JOE TURMAINE who wrote (2230)5/14/1998 10:58:00 PM
From: jhild  Read Replies (1) | Respond to of 7491
 
Joe, as you well know, we have been researching these issues rather extensively. We dig as far as it goes and then it comes back to this company that has not filed documents that answer these questions. Now Roni, came on this thread a couple of days ago and published an update. I think that it helped to lay out a little of the terrain in the on-going deals. But these questions of just who these companies are, their capital structure, the major shareholders etc. These remain unanswered. These answers have profound impact on coming up with a fair valuation for CSHK.

The fact that the state of NV doesn't require a lot of this disclosure - I don't care. The fact that CSHK has chosen to takeover a shell corp, and isn't required to submit reports to the SEC until Nov - I don't care. They are a public company, and I think that if they were honest and aboveboard, they would make this information available. It seems that these things don't bother you. They bother me. I think they would be a concern to any shareholder not on the inside of this company.



To: JOE TURMAINE who wrote (2230)5/14/1998 11:56:00 PM
From: CatLady  Respond to of 7491
 
Joe,

My professional background is in PCs, local area networks and data communications. If you were to look at my posts on various threads, you'd find that I do share my expertise and research in that area.

I'm not an expert in SEC regulations, so on the question you responded to, I'd appreciate the input of someone who knows more than I do in that area.

Also, when I can find info from publicly available sources, I'll share what I find.

And in response to Bruce, I never said that I'd never invest in this company. As a cat owner and PC professional, CSHK is an interesting story, that's why I'm sticking around here. To invest though, I'd need to see at least -

1. Working copy of the Y2K software.
2. Audited 10Q/10K financial SEC filings.
3. Be able to convince myself that the sales and revenue projections are reasonable and result in reasonable valuations.
4. Something that would convince me that the Telanis software will be a professional quality, marketable product.

I'm willing to occasionally take a risk on as yet unproven products and companies, but not when there are so many missing pieces of information.