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Microcap & Penny Stocks : DHPI - Desert Health Products, Inc.

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To: Wally who wrote (2)8/14/2000 3:46:06 PM
From: C Horn  Read Replies (1) of 4
 
Wally. Nice to hear from you.

Regarding the lack of bid/ask - From what I
understand, the company only has 1 market maker
at this point (Public Securities). It is very
difficult to get a market maker to sign off on the
15c2-11. They have to pretty much guarantee the
accuracy of the company's financial statements.
It is also my understanding, that within a few months,
there should be other market makers on board.

Regarding the market niche - I believe that DHPI
has a huge opportunity in the overseas market as
well as on the internet. I witnessed first hand
the tremendous amount of paperwork that has to be
done to register products in other countries. The
process can take in excess of 1 year. DHPI should
have a substantial head start, as their registrations
are either complete, or nearly complete.

IMHO, the price of the stock could move up very quickly,
especially with only 1 MM. We know they don't have many
shares in their inventory (only been trading a few days).
I don't think many of the existing shareholders will
be willing to let go of their shares for less than a few bucks.

CH
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