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Microcap & Penny Stocks
SILVERADO FOODS SVFO
An SI Board Since February 1999
Posts SubjectMarks Bans Symbol
1 0 0 SVFO
Emcee:  Shell Searcher Type:  Unmoderated
Introduction Market Data Compact
Silverado Foods
918-742-7618
CEO: Lawrence Field
CFO: Jason Bryan
Float: 14M shares
Insider Shares: 35%
Business: Food

Assets: $0, shell company currently.
Situation: Spun off all assets into a private company, Nonni Foods. Arrangement was for Nonni to pay SVFO $18M, and then more funds depending on Nonni's financial performance.

Nonni appears to be doing very well, and SVFO think that they'll get $11M from Nonni. They'll use the $11M to purchase another business.

Someone is buying SVFO. Gone from .06 to .15 is the past week. If they get $11M from Nonni, they have $.78 per share in cash to do an acquisition.
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1 Someone's still buying. Up to .14 x .1875. Shell Searcher-2/5/1999
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