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Microcap & Penny Stocks : Benz Energy (BZG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (83)	2/14/1999 11:06:00 PM
From: Ed Ajootian	Respond to of 272

Open Letter to Mark Kahil, Benz IR Guy: Various Thoughts US Listing: Great news that this is progressing. In the meantime, you ought to consider getting a symbol so US brokers can execute trades on Benz . This is possible; another Canadian company I own stock in has just done this. See exchange2000.com. I agree that a US listing is a key for Benz' success. Once you have re-filed the registration statement with the SEC you should put out another release to this effect. Reverse Split: Conventional wisdom would say do not do a reverse until you are just about to get onto a US exchange. Conventional wisdom is bullshit. You have to jump to the end and work backwards. You want to position this stock so that it will attract buyers come May when it is trading in the US. Without a reverse there are just too goddam many shares out on a fully diluted basis. You gotta do something to trim that number down, and the sooner you do it the better. If you announced a reverse split at the same time as announcing the Fortenberry reaching TD, for example, this would be perfect timing IMO. That would be a very positive event since the drillbit got stuck before, and the Howell results will have been released just a few weeks earlier and folks would be extrapolating the Howell's results to the Fortenberry. But most importantly it would allow for a critical couple of months for the weak holders to get the hell out of the stock PRIOR to it becoming eligible for US trading. With the good news the weak holders could exit without the stock price cratering. IMO it is critical to flush out the ones that would sell on a reverse split announcement PRIOR to the time that you unveil yourself to the US trading markets. Otherwise you are going to have those same slobs dumping the stock just at the critical moment when you attempt to get on a listed exchange. Howell Test Results: Hopefully by now you have researched what the highest production test has ever been reported so far for an onshore Mississippi gas well. Then, when you get the Howell's results in, you can compare the two figures and put out the following headline for the press release: BENZ' MISSISSIPPI WELL TESTS MOST GAS FLOW EVER