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

To: TKORAY who wrote (1919)	6/25/1998 5:40:00 PM
From: Needticker	Read Replies (6) \| Respond to of 2849

TKORAY, Here is the post you wanted: From: CHKInc Message-id: <1998062512080200.IAA21711@ladder03.news.aol.com> Top Dog has continued to report on EDII. There is no luck involved with this company. It is a big winner and you better load up befor next Monday. In response to the uninformed and the idiot bashers and all the e-mails I am getting , I decided to summarize the DD I obtained and report it to you, as follows: Daniel Dros is 56 years old. He was chairman of Kleer-Vu Industries, the largest photo album and related torage producs manufacturer in the US. Its shares traded on the American Stock Exchange. He was also Chairman of Nestle-Lemur which shares also traded on the American Stock Exchange. Nestle-Lemur was a cosmetic manufacuring and distribution company. He was Chairman of the Board of the Holding Company and had a controlling inteest in another American Stock Exchange Company called CXR, Inc., a manufacturer of testing instruments for the Telecommunications Industry. He changed the name of the company to MicroTel International, Inc and moved it to NASDAQ. In 1997, Mr. Dror acquired control of Pitts and Spits of Texas, Inc., a publicly traded Holding Company, trading on the OTC:BB. He became Chairman on September 27, 1997 and changed the name of the Holding Company to Energy Drilling Industries, Inc. Total shares outstanding are 46 million. Heavy volume is caused by MM's shorting between 3 to 4 million shares. Dror is building an empire and has no intention to cash out. Most of the restricted shares are restricted for three years. Dror owns 25% of all outstanding shares and will not market them. The share price will rese materially with two press releases that will be issued next week. The stock is currently very undervalued. There are many companies that can be acquired for debt restructurings and Dror focuses on those cmpanies. They become healthy after the resturcturing and some management and financial assistance. Intile (OTB:BB - IDES) is a prime example. Dror reduced bank debt by $2.8 million and interest and bank charges by $600,000 per year and turned a loser into a winner. This was done with $2 million under EDII's line of credit with Western Bank. No one on the EDII team is an oil and gas person. You better do some DD about the company. It is not an oil and gas company. The land purchased which has oil and gas on it was purchased as a real estate play, not for the mineral rights. EDII currently has controlled growth and positive EPS. All assets in acquired companies are audited by BDO Seidman LLP and are definately understated on the Consoladated Balance Sheet. Land acquired 20 years ago is still on the books at original cost. Each additional acquisition enhances shareholder value on a per share basis. The worth in this company will be in its continuing growth in EPS which will raise share holder values into the $5 range by the end of the year. I currently own 605,000 shares and am accumulating at these prices. Any basher who has a stupid question or comment can email me and I will do my best to straighten you out. If you post negative comments on this Board, we will know who you are working for. MM's beware, we are going to break you.