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

To: Mike Felty who wrote (1739)	5/21/1998 1:14:00 PM
From: Mark B. Martell, CCM	Read Replies (2) \| Respond to of 2278

I am extremely concerned about this stock right now though. Eric MUST get a better story out there to support and ENHANCE this stock price BY month end. Remember, don't forget the press release revealing the magnitude of the stock transaction: " (depending upon Greenland's trading price per share at the close of the transaction, which is contemplated prior to the end of May 1998)". The original price quote was 3.5 to 5 million shares. That statement was PREPARED on the day the stock was trading around .18. Assuming that variance's extreme (42%) was based on the notion that the best case is based on the current stock price at the time the deal was being consummated, 3.5 MM shares were at .18 to start, then the worst case prognostication would have the price no lower than 1/8th by month end (3.5 * .18 "best case [current price at time of preparation of announcement]" must equal 5 * y [unknown] "worst case"). Check out the current price........further bloodshed will further dilute our already frail position. In short, dammit Eric, we need to see more of the business case NOW. Please someone, check my math and assumptions. God knows I've been wrong a few times..... If this is right, I would suggest that one of my fellow shareholders make a call.....(don't nominate me, I've harrassed them enough for now) Mark