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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2170)3/10/1999 11:46:00 AM
From: RICE  Respond to of 2303
 
This stock is definitely undervalued. It is by no means a $3 stock but definitely a .75 to a dollar.

The following is part of an email from Ian Brocke. Email is at
doubledayinc@yahoo.com. try it yourself.

The company currently has 3 operating plants with the biggest
being in Warren Ohio employing 11 people. This year the company will
receive $2.3 million from a section 29 energy tax credit and expects
to have additional revenues of another $2 million this year and $4
million next year.
Yes in the past a lot of promises were made about revenues, but
this year due to a change in policy with NASD the company is filing to
become a full reporting issuer. The filing as of this writing is 85%
complete. We are aware of the April 1 deadline and are working to
make sure we remain listed on the OTC BB and be in good standing.
As a reporting issuer we are required to file quarterly
statements as well as audited financial statements. For the first
time since the company began trading, investors will know in detail
everything about the company and its management, and with internet
access you will be able to retrieve it very quickly. This should be
good news for all the investors who purchased the stock earlier at
higher levels.
Equally important you will be able to see the share structure and
will be able to scrutinize firsthand any arrangements the company has
made.
We feel strongly that the company is about to turn the corner and
become profitable this year and have the ability to grow through
intelligent acquisitions in the future. At 20 cents we are extremely
undervalued, but to say that the shares are worth $3 is equally
ridiculous. Our belief is that we should be trading at about 75 cent
per share which would reflect fair market value.
As you can see we are not interested in a pump and dump
situation either. And as a result will work dillegently in the
upcoming months to make the company profitable and accountable to
investors.

Thank you
Ian Brocke