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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Bootz who wrote (10341)	12/23/1998 1:14:00 AM
From: IRVINESULLY	Read Replies (3) \| Respond to of 11708

Bootz... They are, and will continue to be totally closed mouthed, due to the trashing that occurred here. Since it was a lot of small investors that originally bought into the co., and like in most small stocks, that are unable to go to larger fund managers, there was a large following, plus MM's at business here. We will not hear too much until there is something substantial to report, in CSMA, AdHatters, and or enviro-tech...And I certainly do hope it will be soo, and hope all is going forward in a positive manner. That is not to say I have heard anything, but meant that it has been a long haul, and we have seen extreme highs...followed almost by the total collapse of the stock. That is why they are being so protective. Can't say I blame them, if in fact they are serious in their growth. I just recently found out about a company. It paid to have PR and exposure. The co. gave out the alloted stock for the PR, and PR people didn't perform, but nonetheless, sold the stock first...Then went back to the co. and demanded more stock, which the co. wouldn't do, or couldn't do, due to the demand that was placed on them in the amount of shares..They then, after not performing, threatened to bring the stock down...which they did...They put sells in for $.01...yet, they orignally told the co. they cuold find private placements for $1.00 a share. So the bid/ask ended up something like $.01/$.65...Now you tell me who will buy it....Basically I see it as extortion..The guys didn't perform, sold everything they were given, and then went back for more...This particular co.'s float was so small and the total shares issued was small also....Sad thing about it is, this co. is performing, and is about 4-6 weeks behind seeing revenues, has a real good product, with great future, and is about ready to clench another 2 contracts which will pull in good revenue...It sucks....When they say 90% of the OTC companies don't make it, I have to wonder how many of them have given their good $$$ for what they thought was positive PR,sometimes going to the limit of their budget, only to be sold out, raped, and left in debt because of it...I know there are companies that tout "maybe", but I get very angry when I hear of a company that really has something good, and is small, but really growing, and not just a "plan", but not so savvy in what can happen!!! It makes me feel like "Crusader Rabbit"....I will always defend the person/co. who is honest and has something to offer and is trying hard, but got sucked into something that was supposed to be positive, but in turn, was detrimental, and took a licking because of it....I only wish something could be done about it...There are lots of co. out there like that....Have something good, can and would actually turn a buck and a positive earnigns on their shares, but get pounded...On the other hand, there are co.'s who just "tout" and never get there...Those are the ones who deserve to be pounced.. Enough on my podium....Any comments???