To: musicguy who wrote (8684 ) 10/21/1998 9:16:00 AM From: myturn Respond to of 25711
CRNC, is going to see some major buying coming in on anticipation of a major announcement next week. If you don't get in at the open, buy on any dips, because we are suppose to be seeing $2-$3 by next week! ***** CRNC ******** Address PO Box 756 140 1st Ave. NE Cairo, GA 31728 Phone: (912) 377-2111 Fax: (912) 377-7748 Industry: Printing & Publishing SIC Code 2711 Sector: Newspaper/Shoppers/Web Services/Commercial Printing/Book Publishing/Binding & Graphic Design Services. Employees: 35 Officers: John V. Whitman, Jr.- CEO/Chairman, Ken McCleave - President. Ron Mallett - CFO. Business Summary Chronicle Communications, Inc., (OTC BB:CRNC) is a company on the move to NASDAQ Small Cap. Company revenues for the year ended September 30, 1997 were $645,051 (audited). Revenues for the year ended September 30, 1998 are up 310% over 1997 or total revenues of $2,043,626 (unaudited). After successfully meeting all SEC, NASD and S&P, reporting guidelines, the company sold it's first shares on the OTC BB on August 19, 1998. On October 6, 1998, all "quiet time" restrictions were lifted and a massive public relations campaign has been set into motion. Chronicle is a "Fully Reporting" company engaged in the printing and publishing of hometown shoppers throughout the state of Georgia, Internet (Web) development, commercial printing and paper recycling & converting. On September 30, 1998, Chronicle acquired Bright Now Inc., and Southern Paper & Converters Inc., both of Tampa, Florida. The acquisitions were conducted utilizing "Pooling" under "GAAP" rules. Chronicle's new subsidiary, Bright Now Inc., is a full service commercial printing operation which has the printing presses necessary to print Chronicle's own product line. On October 5, 1998, Chronicle signed a binding letter of intent to acquire the assets ofa Clearwater, Florida based commercial heat-set printing business named "Sun & Fun". The combined acquisitions have over 70,000 square feet of commercial buildings, two cold set web presses, one heat set press and one large sheet fed press. Both plants have complete prepress from computer to film capability. Chronicle can now print all types of newspapers, print and bind books, magazines, brochures and fliers. The company will realize millions of dollars of revenue growth in 1999. This was forwarded to my late in the day and I have not had the time to follow up on the DD, but my source who forwarded this to me has forwarded numerous picks that I passed on because I did not have the time to gather the proper DD. Rumor has it that we will see some strong buying coming in at the open on anticipation of some kind of announcement next week. I will be speaking to the company first thing in the morning and will be sending out an update later in the day. I am being told the float size is less than 1 million shares. The stock is thinly traded, so expect some volatility early on once we get some steady volume coming into the stock.biz.yahoo.com biz.yahoo.com sec.yahoo.com