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Microcap & Penny Stocks : VCAH -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (249)5/25/1999 10:11:00 AM
From: Shell Searcher  Read Replies (3) | Respond to of 517
 
Gary, glad to see you reached Tony. He does know timber.

My summary of Vencap, for what it's worth:

CON: Non reporting; questions with share ownership;
perhaps problems with financing (though they can factor
a large timber order); rumors of Tony leaving.

PRO: World-wide timber shortage; large VEAMCO tracts of
timber; Tony's timber expertise and contacts; VEAMCO
export licenses in place; $ size of potential timber
orders; major shareholder purchases of VCAH (100K
buy on Friday).

If anyone else has a good summary of Vencap, I'd like to hear it.