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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?


To: Andrea Lastroni who wrote (4357)8/20/1998 11:25:00 AM
From: Hunter Vann  Read Replies (1) | Respond to of 4736
 
"During the current 60 day exchange period, NAMX will not be able to provide offical
quarterly earnings report which is what all investors have been waiting for with bated
breath.


Bullcrap! The 60 day exchange period has nothing to do with it! It was stated in two of their press releases that they were anticipating becoming a full reporting company a long..long..long time ago. This statement is simply another excuse..

After that period, the NAMX management will have an inventory of the
shares outstanding and they are commited to providing a quarterly report as soon as it
is practical


Same ole song and dance. Heard it before. And one more thing, Practical for who?

They have an accounting mess to clean up first

And who in the hell is responsible for this mess? Are they actually laying full blame on Ebeling? Is he the lone scapegoat? I have a very hard time believing Stamm knew absolutely nothing about the procedures that were being administered in his company!

Once earnings are
reported, investors will be able to assess this company rationally.


Earnings? Is Linskey insinuating this company will actually have earnings? It appears the general public is assessing the company rationally, and they're not holding it in high regard...

At this point,
investors can only speculate


For Pete's sake, they've been speculating for the past two years! Even when they did get an occasional press release, most of the content was found to be false.

When the earnings
report is released,


WHEN, being the key word here! Don't hold your breath. Lots of folks on this thread been waiting a LONG time for this report.

serious investors will begin to pay attention

Nauseating...

What do you think about it?

I think it's a crock of shit...