To: paper man who wrote (1037 ) 6/3/1999 12:14:00 PM From: MonteChristo Read Replies (2) | Respond to of 1834
Thank you gang on the Raging Bull thread. You're help is much appreciated: PENNY STOCK INVESTOR Last week's stock MLDS (mentioned at $ 1/2) performed well. Those who bought on the morning of publication were rewarded when the stock price went to $1 3/8 the following day - an increase of 175%. In this issue, we are looking at an even more exciting proposition, LIFEONE (OTC BB: LONE). Currently at $ 1/4, this stock has virtually unlimited upside potential. Still only capitalised at $3.5 million, LIFEONE is now repositioning itself to quickly increase shareholder value through both its trading and "shell" subsidiaries. One aspect of the company's business ability was revealed the other week when LIFEONE announced that its subsidiary, Southern Mortgage Inc. (SMI) has arranged a financial package for the purchase of a hotel and casino in the United States. SMI's fees in this transaction will be $2.2 million. For LIFEONE shareholders, management anticipate earnings per share accretion of $.13 based on shares outstanding - that's over half LONE's present stock price from just one deal! Indeed, this transaction could be just one of many for SMI's current pipeline of commercial mortgage transactions includes 13 projects totalling $105 million. The above alone could justify a stock price for LIFEONE many times higher than the current level, but what might really explode the price of LONE upwards is yesterday's announcement that LIFEONE is currently negotiating reverse mergers of THREE Internet companies into LONE subsidiary shells. The ownership structure that would result from a reverse merger would give LIFEONE ten per cent of the new entity with 90 per cent owned by the Internet company's current owners. As the reverse merger is completed, the merged company would be spun out from LONE. Of LIFEONE's ten per cent share of the new public company, nine per cent would remain with LONE and one per cent would be conveyed directly to LIFEONE shareholders in certificate form. When one considers the valuations attached to most Internet companies, LIFEONE's and its shareholders' shares from just ONE deal could be worth many, many times the current stock price. IMPORTANT NOTICE: Verify all claims and do your own due diligence. This is not a solicitation or recommendation to buy, sell or hold securities. Penny Stock Investor is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser or broker prior to completing any such purchase or sale decision. Penny Stock Investor is not a registered investment adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein is provided as an information service only.