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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: Richard Iglar who wrote (197)3/17/1999 6:22:00 PM
From: Daniel Miller  Read Replies (1) | Respond to of 4128
 
I found out the reason for the drop... There was a 300k sell... The company is going to try and find out whether that was a short position or someone selling. It was not company dilution. Also I asked about brand names and they said that they have been working with some but can't disclose names. They are making great progress with them... They are planning on geting some stores that sell computers online, sportswear, etc... They are using shockwave/flash technology. This technology is quite impressive... You can play some games using that technology at shockrave.com. You can see the quality of the technology. They are also trying to get the attention of instituional buyers. Holding meetings with them etc... Intel currently does not sell computers over the internet. If ABFG can convince them of the profits they can get through selling products over the internet they may be able to get them to be part of their site. That would be amazing. There will probibly be news tomorrow on more acquisitions of co.s to be added to the site... The Gem store has been getting a big response recently. He assured me of the mines in Madagascar.

To verify this I did a little internet research...
Here are other sites offering mined products from Madagascar.
pennminerals.com
minresco.com
mbendi.co.za

I think it answers that...



To: Richard Iglar who wrote (197)3/25/1999 8:11:00 PM
From: Daniel Miller  Read Replies (1) | Respond to of 4128
 
Question:

Why the drop from 6.50 a share?

When first launched the stock in July it was the analyst opinion it was valued at 6 a share. During first 30 days of trading there were no bid and asks posted. As of today they have 16 MM's aboard. The market is what the market is. we feel the value of the stock has grown to where it was first issued.