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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?


To: David Wiggins who wrote (190)8/25/1998 9:06:00 PM
From: tk715  Read Replies (2) | Respond to of 662
 
Dave:
I just spoke with Elias re AIMH. The summary of the conversation is:
-The recent drop in price has caused some delay in completion of financing, but it is being completed. He felt as I do after looking at the chart patterns, that most of it is driven by MM games, covering their shorts at a much lower price. Anyone who owns stock should take possession of the shares to make games like this harder.
The price is extremely low.
-The production facility will be mostly assembly and test.
-Production facility will be started at the latest the 1st week of OCT.
-2 to 3 months to complete the facility.
-Product available 1st of year.
-9 months of production to become profitable.
-They have agreement with 2 OEM manufacturers.

Nothing really new here, except I feel better after talking to Elais and his hearing his enthusiasiam.
Elais seemed very open, he indicated he had talked to you and sent you a package re the financing. I'd like to hear your take on your conversation. If the company is for real, which all the info indicates it is, then these are bargin basement prices. After this drop, some really solid news will be required to raise the price. We are probably 2 to 3 months from that happening.

Gene K