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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?


To: Doug Gallian who wrote (1042)5/22/1998 3:12:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 6180
 
My analysis:

MSU is in better shape financially, then its been for months.
Right now, 440,000 shares of AIME, are temporarily escrowed to
the 10% convertible note holders - $2.3 mil outstanding. I appears
that the noteholders will be satisfied through the sliding conversion
price of $1.50- 0.75, depending on registration filing and market
value. This will eliminate the sword coming down on MSU. Interest
will also be paid in shares. Good deal for MSU. The other small
note has been cleaned up by transferring 60,000 shares of AIME to
the noteholder.
Within 1.5 mos, this company has a chance to be clean, with
money in the bank. It appears that Slipstream is available in
quantities, so revs can be realized. I think the co. is tracking,
can clean up, and can keep the shares outstanding under 20 million,
fully diluted. If the core technology is solid, and Envoy is solid,
an 18 million market cap looks pretty cheap.
This is not intended to be promotional. I am a shareholder like
everyone else. I like this industry segment.