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   Microcap & Penny StocksSFDA....Stratford


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To: Doug from CT who wrote (32)11/4/1996 11:28:00 AM
From: john lee
   of 75
 
Hi Doug, What's going on this stock? Can you tell me Why this stock is going down?

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To: john lee who wrote (33)11/4/1996 12:31:00 PM
From: Doug from CT
   of 75
 
I can guess, a little bit, although I'm not eager to, considering this may yet be a scam. That's why I'd like to know if anybody out there has some direct feedback on the Novacrete product.

1. Their original auditor resigned about a month ago. The new auditor they hired in early October ALSO resigned, according to their SEC filing released three days ago. But they forgot to mention this in some conversations with investors I've spoken to.

2. The company was one of those which was on a list of about 30 which were allegedly manipulated by various people.

3. They need to raise money sometime soon, and unfortunately, they don't happen to have audited financials handy.

4. On the positive side ( you probably were beginning to wonder if there was one), they've hired some new people; I've spoken to the gentleman named MacMillan and he sounds like a guy who can help turn things around.

5. Bottom line, in my view: if the product is for real, some investor will figure it out, as the money currently needed to stay afloat is really peanuts; the financial issues may be the result of previous mgmt. What would be a shame is if Novacrete is the real thing and Stratford winds up giving a lot of it up just to keep going.

SO, does that make you feel better?

Doug

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To: Doug from CT who wrote (34)11/7/1996 1:14:00 AM
From: Robert Holcombe
   of 75
 
Hey guys. Just checked out my portfolio today and about gagged. Dont know what to make of all this. Hope this one will stay afloat. How did you get in touch with this Mac Millan? Good luck Robert

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To: Robert Holcombe who wrote (35)11/8/1996 9:36:00 PM
From: john lee
   of 75
 
Does anybody have any idea why this sock keep going down?

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To: Robert Holcombe who wrote (35)11/10/1996 2:11:00 PM
From: Doug from CT
   of 75
 
I called. Investors are allowed to do that, y'know.

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To: Doug from CT who wrote (37)11/11/1996 3:19:00 PM
From: john lee
   of 75
 
Hi Dong, What do you mean by that?

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To: john lee who wrote (38)11/12/1996 11:32:00 AM
From: Doug from CT
   of 75
 
I was responding to the question in msg #35 about how I got in touch with Roy McMillan of Stratford.

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To: Doug from CT who wrote (39)11/13/1996 10:52:00 AM
From: john lee
   of 75
 
What is going on? Any news

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To: Doug from CT who wrote (39)11/14/1996 11:30:00 AM
From: john lee
   of 75
 
Hi Doug, I need Some help here. Do you have any idea why the stock price is going up yesterday? If you have some information Please let me know......

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To: john lee who wrote (41)11/14/1996 12:27:00 PM
From: john lee
   of 75
 
Where is everybody? Let's start this thread again........

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