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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: re: MAX who wrote (2599)3/6/1999 9:49:00 PM
From: Jon Scott  Respond to of 8189
 
What I find surprising is; why would someone be alarmed or skeptical to think that an employee of a prospect would know of MRPS. After all, how many employees does GM, FORD ,and NASCAR have. I'm sure there were a lot more people at those companies who've heard of MRPS long before us. And considering they're presently negotiating with 37 companies, that certainly increases the odds a bit.



To: re: MAX who wrote (2599)3/6/1999 9:59:00 PM
From: Dave Gore  Read Replies (4) | Respond to of 8189
 
TO NEW INVESTORS: SUMMARY OF PRO's AND CONS: hopefully this is an example of balanced information.
*****
This is the best BB stock I have come across in the last 5 years and one of the very best in my 20 years of trading.....ok, maybe this does not seem like a balanced statement but it is based on the "Ben Franklin" exercise below...have a look. Comments?

PRO's:
** Unique and extremely high demand product
** High End Companies purchasing their product
** Product tested by GM for 1.5 years and selected from among all other competitors. Ford and Nascar,etc, reached the same conclusion.
** Actual Contracts (and we will soon learn more)
** Very High Margins
** (2) Extremely Respected Factories (including Bulova Manufacturing)
producing their product
** Company has fairly regular news coming over the foreseeable future.
** In negotiations with exactly 37 major companies at present (from Friday's PR)
** Old Investment Banking firm supposedly dumped 1.4 million shares illegally but they are done (i.e no more shares left to dump and stock held up reasonably well)
(MRPS has brought suit against them...see below...MRPS attornies confident, a breach on total non-performance by old IB firm)
** Contract details coming in next week or so

CONS:
** No PR firm to handle increased shareholder interest (coming april?)
** No Audited financials (coming this month)
** Clarification of former IB dumping needed (see note)

NOTE: I would vote for Arbitration as it is quicker and binding (no appeals are allowed, as I understand). REMEMBER that MRPS cannot say all they would like to say publicly as this could legally hurt their case. They will say as much as the attorneys let them say.
Also remember they feel they have a very strong case and their is no downside only upside to the resolution of this matter). An award of up to $4 million dollars (1.4 M shares allegedly illegally dumped by old IB firm x $2.6 stock price at high)
** Patent issue explanation (pending and coming)
** When will big brokerage house take a position?

NEUTRAL:
** about 10 millions shares O/S (some say 11.4) and 4 mil in float

Again, I maintain that this stock is not perfect, but far more positive than negative.