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

To: Ken M. who wrote (853)	6/8/1998 7:13:00 AM
From: PRATT9999	Read Replies (1) \| Respond to of 2849

WOW Thanks for all the info. Obviously people have done some pretty in depth research, I am more comfortable than ever. I only have 5000 shares right now but I feel like I need more. PS About the investment club: If anyone has research on a company like we have here, COUNT ME IN. This is the best thread I've been on as far as helping one another and sharing info. FEELING GOOD

To: Ken M. who wrote (853)	6/8/1998 12:04:00 PM
From: jmt	Read Replies (1) \| Respond to of 2849

I am trying to follow up on Kens info.... and would like to see the 1997 year end financials. A prior post #692 stated they had seen the financials. I phoned Joe Gort and he gave me the companies direct number. I phoned the company and the Secretary said no financials were released to the public, and Joe Gort is no longer representing the Company. George Gutman (Growth International) is out of the office until 1:00pm. I will try him then. If anyone has these financials, please inform me. Just a couple of initial comments on your great work. Shareholders will not receive IDES shares. The acquisition will likely be under the purchase method, where EDII would own the shares, or essentually 81% of IDES. The financial results of IDES would be consolidated into EDII books, less the 19% "Minority Interest" of RENN. EDII will likely control the Board of Directors. The only role and advantage of RENN will be strategic leadership. EDII could purchase IDES with cash or stock. The only other issue worth mentioning at this time is the current number of shares outstanding. From the info I have read, I get about 46M as of 12/31/97, plus 25M used for Acqueron, and 8M for Cinema research. This equals 79M. To put that into perspective if we assume the $5M Har-Whit 1997 net profit is not a one time event but is sustainable income, that equates to 6 cents per share. While float is a good indicator for short term movements, eventually all shares will be unrestricted and need to be considered in an Earning per share calculation. This would put the current P/E at 10x (as compared to 25x on the S&P 500. The other contributions to earning appear to be small, 180K here and there in royalties which are combined less than 1/2 cent per share. Even the Net Income projections for Pitt & Spits would contribute less than 1/2 cent per share. It appears the land deal could finance expansion without further common stock dillution, while also paying down debt and possibly repurchasing shares. Will post again if I can get some financial info. jmt

To: Ken M. who wrote (853)	6/8/1998 3:40:00 PM
From: Ken M.	Respond to of 2849

when everybody gets a chance, I posted a message that i got from a guy who is waiting for his check to clear he asked me to post what he sent me, I think it makes alot of sence, and I'm also guilty of what he talking about, here is what was said: People need to stop qouting George about EDII, that is technically insider info, all he can say is an announcement is imminent, and he feels it to be postive....a buddy of mine who bought the stock a couple of days ago, and he was very tight lipped and would not give him any info. I believe he has been given the word to cool it...let's don't lose good source of info on this co., please post asap...thanks in advance, remember the guys from the co. come in here and read this thread too. That was what he wanted me to post, and I did. P.S. did anyone have any idea how my favorite place folder on aol could have been emptied with out me doin it.. Thanks all Let's ride....