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Microcap & Penny Stocks : Service Systems International Ltd. (SVSY - OTC BB) -- Ignore unavailable to you. Want to Upgrade?


To: SCRIBEALIVE who wrote (320)11/30/1998 9:55:00 PM
From: SCRIBEALIVE  Read Replies (1) | Respond to of 527
 
Recent Issuance of stock to settle debt:

3,149,300 issued to raise $577,689
Balance August 31, 1998 12,662,988

Thus, almost 2/3 of the total was issued for an average price of
@ 20c. The said 3, mill may be held by insiders to make sure they profit from their mitigated disaster. Regardless, the aforesaid stock is loosey goosey and there likely is blocks of stock in reserve held by Select et al. No need to further harp on the point. There is always next year to look forward to. The past weighs heavily upon future price increases, but it seems there is a positive trend towards sales emanating from the recent 10k that should continue next year. The loan from WOF has prevented a stock blowout this Christmas and the market should be kinder for svsy in 1999.

By the way we are now an official full operating company; albeit one full of cheap stock. Reliance, is the key.

The entire contents of this message is without prejudice. Any reproduction of this message in whole or in part is strictly prohibited.

Copyright, Scribealive 1998