OTCQB:JOSMF - Post by User
Post by
USAon Apr 30, 1999 10:13am
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Post# 836039
To vg: Some Rational Thoughts
To vg: Some Rational Thoughtsvg: No argument from me, just rational thoughts. As I've written before, I welcome your comments because they are logical starting points for thinking. For example, you mentioned that there has been recent issuances of stock options and warrants. This is something I expected. It is not a reason to believe that the company is doing something improper. This company had no cash a short time ago. How does a company with a good idea get people motivated? One way is to issue options and warrants. NGQ has about $500,000 according to the Stockhouse interview with Henry Jung. It seems that about $400,000 of that came from the issuance of warrants to the BC distributor. I believe the March 26, 1999 transaction accomplished this. Hardly a manipulation. I surmise that other options may have been given to the programmers and other employees who weren't around a few months ago. This is only a guess. If I am right then options and warrants don't bother me one bit. If you are right, (that NGQ insiders are manipulating the stock), then there may be a huge scam here. What is more logical?