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

To: buzzcut who wrote (98)	6/17/1998 1:54:00 AM
From: tom jones	Read Replies (3) \| Respond to of 2153

To charles and all: Good questions. Six million preferred shares is dilutive. If the value of the new company is higher than the price paid then it will increase stockholder equity per share, which is good. The value is in Russian currency so who knows. biz.yahoo.com In 1992 Leah exported clothing, foodstuffs and automobiles to Russia. In 1993 Leah exported medical products and equipment to Russia. In 1995 Leah got into the vinyl window business. In 1998 Leah gets into oil. Can you grow when you hop around from one business to another? ''The purchase of a majority interest in SibMach-Font is part of our on-going strategy of acquiring profitable assets in Russia which we are confident will eventually become one of the world's strongest growth economies.'' Does this mean they plan on becoming a Russian conglomerate that will be worth more someday? biz.yahoo.com Is this Georgia, USA or Georgia, Europe? Tom