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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA -- Ignore unavailable to you. Want to Upgrade?

To: Ken Sammut who wrote (485)	10/15/1998 3:26:00 PM
From: Theodore G. Gresch	Read Replies (1) \| Respond to of 1622

Ken, Will it be Nuven Advisors buying up to 50 million shares not nuoa buying back shares? If it is Nuven, why do they have to file with the SEC prior to the transaction? I would think they would only have to file once they acquired 5% of the stock. I'm not an expert at this stuff but, that's my understanding. I'm thinking out load here but, it may be because of Nuven's affiliation with NUOA. Either way this is great news for NUOA shareholders. Now we need to see it executed! Ted

To: Ken Sammut who wrote (485)	10/15/1998 4:45:00 PM
From: Jerry Silver	Read Replies (1) \| Respond to of 1622

Thanks Ken, It sounds better,ie. Fred buying back shares, than diluting it even more to raise cash. As Ted has said in his posts, if the financing comes through, the combination of less shares outstanding and more cash in the till, should help push the price up a few cents. The question I have is, does this mean revenue is coming in slower than expected in Tunisia? And if this is so, perhaps he feels that fewer shares outstanding may be the only way to get the price up. But, this has been obvious for months, hasn't it?