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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Stockbull who wrote (1356)12/3/1998 12:51:00 PM
From: Bill Pearson  Read Replies (1) | Respond to of 2211
 
As hard as it is to believe that NVXE will survive (looking at the share price) I wouldn't give up the ghost on NVXE unless you know what is happening behind the scenes and still don't believe NVXE will prosper in time. It's a daily battle to get the necessary funding, and although it has been said perhaps too many times, it is more likely than not that initial funding will come very soon.

Nothing in life is free. Those of us who have been in this stock for 2-3 years know all too well the disappointments we've had to deal with. But one thing is sure - NVXE is not a scam. Ray is sacrificing everything to make NVXE work. He continues to put himself in a huge financial hole personally because he believes in the company, and he sees a financial light (i.e. funding) at the end of the tunnel. A legitimate plan is in place, but it comes down to one thing - money.

Will NVXE raise the capital they need to implement their plan? From my perspective it appears they will finally be successful raising the money they need. We just have to continue to wait out the final outcome.