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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?


To: kbert who wrote (623)10/29/1998 11:18:00 AM
From: Blitz  Read Replies (1) | Respond to of 1286
 
Gee, maybe we'll make it to the Stock Detective list soon!

These are some of the signs, and we may just fit the bill...

Watch out for obfuscation, confusion and pie-in-the-sky promises!

Watch out for involvement in unrelated businesses!

Watch out for reverse splits!

Watch out for Regulation S abuses!




To: kbert who wrote (623)10/29/1998 11:22:00 AM
From: wonk  Read Replies (1) | Respond to of 1286
 
Well, Growth Industries was the parent / precursor of Fragrance Express, a Nevada corporation.

If you go to the Nevada corporate database what do you find?

There is a Growth Industries, Inc. listed as NOT in good standing, no Fragrance Express

sos.state.nv.us

If National Boston reversed into FGRX (now NBMX,) it currently does not have valid authority to operate from the state of Nevada.

ww



To: kbert who wrote (623)10/29/1998 11:28:00 AM
From: jhild  Respond to of 1286
 
Well in the oft touted S&P Corporate records we see that Growth International is comprised at the very least of Fragrance Express and Sea Bridge Shipping. These two companies also appear in the list of companies in the corporate diagrams on the Red Baron's site. But there is also the addition by reference of Exclusive Cruises (XCLU) in one diagram and then Delta Vacation as well as Suxess Marketing and Travel. Now with the new merger with National Boston Medical, things are not at all clear to me. What I was looking for was a little DD (Due Disclosure).

Curiously XCLU has almost the identical stock classes and conversion rights. They have this hallmark 1 million shares of 10:1 convertible preferred. Since these are all non-reporting companies, the ownership of these companies is a little muddy. I was hoping, silly me, that Baron Marney was on this thread to answer questions about the company, as they have said on other threads. Since it was their diagrams, I was hoping, silly me, that Kevin Murphy, Mr. Baron Marney, would clear up these points. Well silly me. He was apparently too busy orchestrating the name and CUSIP change and the reverse split to actually be of service. Silly me.