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


To: jmt who wrote (537)10/24/1998 11:40:00 AM
From: ghostme  Read Replies (2) | Respond to of 1622
 
jmt,

20 million of the outstanding shares are held in the treasury. After the 13G is filed, NuVen would be able to acquire 100 % of NuOasis Resorts. Hopefully at up to a $ 5.00 or so price.

Jeff



To: jmt who wrote (537)10/24/1998 11:52:00 AM
From: Theodore G. Gresch  Respond to of 1622
 
jmt, Fred Luke the CEO of NUOA is a member of NuVen Advisors. I'm not sure of his ownership in the organization but, I'm sure it is substantial if not complete. Ken can you help me out here to answer jmt's question.

The filing will state that NuVen Advisors intends to purchase up to 50 million shares, no one knows at this point how many they will actually purchase.

Should NUOA distribute FXWA shares to its shareholders in the future NuVen Advisors by buying NUOA stock could corner a large percentage of that distribution.

Ted