SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?


To: ColleenB who wrote (4394)1/6/1999 2:12:00 PM
From: Style Writer  Read Replies (2) | Respond to of 4814
 
IMHO and based on my DD, the land values reported on the financial statements of EDII are undervalued by about $6 million. That gives us a net asset value of $.17 per share with profits coming in the fourth quarter that will erase the cumulative loss for the nine months. This is a great turnaround from a year ago and the best is yet to come. Read the Form 10 carefully and you will be able to partially figure out what the future holds for us.