Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: RSH who wrote (11410)	4/17/1999 8:39:00 PM
From: KZAP	Respond to of 11708

<<<<< As far as I know, HK Elrod is no longer affiliated with Envirotec, Adhatters, or Veltex Corp. These companies have their own management teams and I'm sure they're attempting to create shareholder value. >>>>> Maybe, maybe not. Either way. I'm sure he received a chunk of stock from each one as a parting gift. And probably has a contract to do "consulting" work in the future. If all those posters are one in the same, I'm glad he spent the time and money keeping us up to date on his opinion. It's been fun and entertaining! Happy investing! KZAP

To: RSH who wrote (11410)	4/17/1999 9:27:00 PM
From: RealTime	Read Replies (2) \| Respond to of 11708

"These companies have their own management teams and I'm sure they're attempting to create shareholder value." Ron, I'll direct this post to you, it would seem applicable.........what makes you so sure that they will be tradable, and that the people running the spin offs are trying to build shareholders value? Who was the last person you spoke with from either spin off? I have called, and talked with Elaine Cawley repeatedly and asked her when, and if Envirotec or ADHATTERS will trade. She tells me nothing, she doesn't even offer hope. When I ask who can answer my questions, do you know what her reply is? "Sorry, nobody has been directed to answer shareholders questions". They are acting like a private company. From what I'm told, they were private before they got tangled up with CSMA, and resented being made a public entity. They want to be private. I felt she was trying to discourage me. For the foreseeable future there is no law requiring them to report earnings, or make the shares tradable. My guess is they won't. Not unless the shareholders start demonstrating they have a stake in the spin offs and start making some call to the right people. If anyone wants to know the names and numbers of these people, PM me. Let's show these people we have a pulse!!!!!

To: RSH who wrote (11410)	4/17/1999 9:47:00 PM
From: David Smith	Respond to of 11708

You make good points. Time will tell who is right. I was going to respond to him but I just don't understand his logic. On one hand he proudly says "This stock is free and clear and I bought it...". Yet he thinks that the spin-off shares will never trade and has no value. Doesn't make sense to me. I guess he liked the game 'hot potato' as a kid. I think all the LPS shares will be canceled before the spin-off shares become free-trading and his shares will be pulled. Time will tell. I certainly wouldn't buy any LPS shares because I think they are valueless. Here Rick and I agree that HIS spin-off shares are valueless but for different reasons. Why would he buy valueless shares that nobody would want? Who is he going to sell his shares to before they are pulled? These questions and more will be answered in the coming weeks (months)... David