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 : Dominican Cigar Corp (DCGR)- turnaround in hot sector? -- Ignore unavailable to you. Want to Upgrade?

To: James who wrote (728)	7/15/1998 9:29:00 PM
From: Alex Sharp	Read Replies (1) \| Respond to of 1078

As I understand it, he has restricted shares that are probably good in August, 1998 provided the companies meets certain SEC requirements but Donnie announced they wouldn't be reporting until at least Jan, 1999 in a recent press release so his restricted shares won't be good until they are reporting. But as there are suddenly 18 million more outstanding shares, it means that there are tons of free shares floating around and he must have tons of them, just a guess, don't jump on me for saying that. Who knows maybe he has none, but someone is selling shares real cheap and I can't imagine anyone selling shares unless they were free. Also, since many of the promoters of Powerphone had millions of restricted shares 3 years ago, these are good now, reporting or not. It means they could be selling off now. They were free too. As for free shares, I am guessing there must be at least 18 million of them, maybe more, and another 21 million new restricted shares. Someone got those, why not call the company and ask. You too, Mr. L, you call too, and ask, I believe that us shareholders have a right to know. Don't get me wrong, I am for this company, I would like to see it go to 50 cents and I believe that Tokyo thinks it will be a buck within the year if not sooner. He brought back tons of news, unfortunately, though the financials came out at the same time and weren't that good so maybe people are thinking of all his news he has broadcasted. If any of that is true, and I believe Tokyo when he says it is, then we all should be rejoicing and buying now. Alex, friend of Stephanie's Note: As soon as some hot releases come out, I will be the first to back the company. You think I am pessimistic, maybe, but I am guessing that the more negative I am, the mean the company will try to put out good, solid releasse that we can sink our teeth into.