We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DHPI - Desert Health Products, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
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.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext