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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever? -- Ignore unavailable to you. Want to Upgrade?


To: Marc Bejarano who wrote (568)4/27/1999 4:33:00 PM
From: Grant Cash  Read Replies (2) | Respond to of 619
 
Just a shareholder..LIKE YOU... who's made a lot of cash in the market and looks for niche plays that offer a huge upside potential with very small competition or no-competition, patents, location,--- You know the makings of a good Co.... My type of strategy takes patients ... I bought microsoft-when it was "pink-sheet" at 0.85 back in 1983 and sold it around $15.OO...about eight years later.. I'm somewhat mad to see it at the high 80-90.00's but I made my money.In 1983-I saw that it had the ingredients of a great co. My brokers uses to laugh when I pick a micro-emerging play but in all honesty 85% have paid off...and PAID OFF BIG!

I've been doing this investment game a long time and I like to look deeper into a situation... I inform my friends families and the likes of others who in turn tell people and then info flows back.

I recommend going to shareholder meetings, follow the Co. around and you start hearing and seeing things about a CO. Go to a trade show and see how the public responds to a Co and you can pretty much determine how your investment dollars will appreciate/depreciate. Look for improvements in CASH on hand in financial statements, decreases in liabilites, Improvement in assets, increase market penetrations & Corp. Location is a plus. (You don't want to be selling eggs in a cattle town DETROIT is a HOT place to do business. Kurple is very well known in the Auto world for improving and/or making applications which FORD motor still utilizes in production.

LENOX is VERY CHEAP- in my opinion because of its business platform and its tight stock structure...And continues to improve it financial sheets.

(I like mining(diamonds), industrial,and right now, I'm hot on finding inexpensive military support co's because of the USA shortages on materials to supply it troops to fulfill it war action)

GC



To: Marc Bejarano who wrote (568)3/7/2000 3:46:00 PM
From: Marc Bejarano  Read Replies (2) | Respond to of 619
 
looks like lenox polymers is now part of lenox resources. this is all just legal changes, but maybe someday soon we'll be able to get quotes on the shares?

from lenoxpoly.com
===
Port Huron, Michigan, USA- Lenox Polymers Ltd., announces to its shareholders today that the Company merged itself with its American Subsidiary, Lenox Resources, Ltd, a Colorado Corporation. At the Annual General Meeting held in August 1999, the shareholders unanimously voted to become a U.S. domestic Corporation. The Board of Directors of Lenox Polymers Ltd. passed a resolution whereby the Company is merged with Lenox Resources, Ltd. After thorough reviews, the Board decided that this was the most cost effective means to accomplish the U.S. domestication process voted upon at the Annual General Meeting.

This overall process will not cause any dilution to the current shareholders of Lenox Polymers, Ltd. All stock certificates will be converted on a 1 for 1 basis to Lenox Resources, Ltd. Management will obtain a listing of the equity for trading on a recognized and orderly US stock exchange or NASDAQ quotation service.

Lenox Resources, Ltd. develops and produces environmentally friendly specialty, proprietary performance polymers and polymer related products. Lenox Tooling, a division of Lenox, focuses on the commercialization of its proprietary HICON metal composite tooling technology. Lenox Polymers, Ltd. formerly traded under the symbol LENP on Toronto's Canadian Dealing Network with its principal operations and facilities located in Port Huron, Michigan, USA of the Greater Metropolitan area of Detroit, Michigan, USA.

On behalf of the Board,

Lenox Polymers Ltd.

For Further Information Contact : 810 364-3774
===

update: i just spoke with connie at the above number and she says that the merger hasn't been consummated, yet. their lawyers are still working on it. she says to watch their web site for another release in the not-to-distant future.

marc