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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: Beermeister who wrote (96)	6/17/1998 12:29:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 2153

Daryn, I think it would be helpful for prospective shareholders if you were to do an update on your report on LEAH, since they have announced 2 major acquisitions since the report. Important considerations are 1. the additional 12M shares issued for the Russian acquisition. 2. the effect that this will have on EPS projections, both because of the added shares and the unknown profitability of the Russian oil company. 3. what restrictions are there on the 6M preferred and the 6M common and how will this affect the float? 4. what sort of progress is the company making in its quest to be listed on a major exchange? I believe if all these questions were dealt with clearly, a lot more investors would be willing to invest. Becaue the company is non-reporting there is a scarcity of information and that frightens investors. As do acquisitions in Russia. Hard to know it they are getting great deals or taking tremendous risks. We need more information!!