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


To: jmt who wrote (659)10/29/1998 11:50:00 AM
From: Ken Sammut  Respond to of 1622
 
jmt is correct again.

It may take awhile before the company is profitable. Everything is riding on what moves NUOA/FXWA make regarding what properties they add to their portfolio.

It may not be too difficult for the company to add properties as the entire hospitality and gaming industry is hurting. The majority of properties around the world are undervalued.

FXWA may find lenders willing to work with them on these existing properties by using the property itself as collateral. Should FXWA add some profitable or potentially profitable properties, then we could see the stock price rise even before we see earnings.

If Fred is confident about the purchase of these properties and he begins to personally or through NuVen buy back shares, then we may see a very nice jump in price over the next few months.

This stock could bounce up and down as we hear the company's plans giving short term traders a reason to follow. For most of us, we should look at this stock from a long term standpoint. 6 months or more.

Ken



To: jmt who wrote (659)10/29/1998 11:54:00 AM
From: Theodore G. Gresch  Read Replies (1) | Respond to of 1622
 
jmt, I believe FXWA will form a joint venture partnership with a European concern with deep pockets. The only dilution will be the partnership. NUOA will ultimately own 85% of FXWA. FXWA's past history has nothing to do with the future. It is no longer involved in its prior business. FXWA along with its joint venture partner will be a big player in the international hotel/gaming industry. You can buy into it more wisely through an investment in NUOA.

Ted