Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eagle who wrote (1558)	5/15/1998 10:32:00 AM
From: Captain Jack	Read Replies (2) \| Respond to of 2278

I like the base we have established at 0.15 - 0.20 I don't see us going under 0.15 again. Be patient with this one, once we get some news about FCC approval and more contracts we will be laughing all the way to the bank at these price levels. We could easily see $2 + by the end of the year. The quarterly wasn't a knock your socks off report, but there were a lot of positives. What do you want from a company trying to emerge from the R/D stage and market their product. See you at the bank. cJ

To: Eagle who wrote (1558)	5/15/1998 2:26:00 PM
From: John Choi	Read Replies (2) \| Respond to of 2278

Now the audited report is out, I would like share my opinion. 1. Going concern issue Man, I should have kept my mouth shut. As I posted before, I was a little bit concerned. Now it is a reality, which is bad news. The good news is the management is aware of that and very proactive. They converted illiquid assets to liquid assets even at a loss and private palcement in the process. In short, they have enough liquid assets(stocks, notes) to keep their door open untill 1999 even without private placement in my opinion. So no need to panic at least for one year. I hope they seal the deal(private placement) soon so we don't even talk about this issue any more. 2. Management In my view(I am a ceo), this management chose very proper course of action and I like the direction they are heading. They made a few alliances with other companies sharing the future profits, that is easy to say hard to do. They simply do not have resources to take care of all these things themselves and some is better than none. I am scertain that the management knows they don't have much time (three years or more) and the steady revenue must be generated before the end of 1999. I think they will get it done. 3. Stock movement Down the road, the VIPs(impatient, not important) will run, MMs coming in and stock may tumble. It may happen or may not and I do not know when. But I think it will and frankly I am waiting for that. I am not following daily movement driven by news release so on. I am waiting for the day GLCP goes into mass production with contract in force. I have some other specific things to share, i.e. strategic alliances, but I have to leave now. I will be out of town next week, so maybe following week. Happy trading p.s. Do we have MMs or their front posting here? I saw some posting bashing the stock without any rationale. I sure hope not.