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Before I get into this one I am going to issue a disclaimer.After checking
the principles I know at least 2 key people very well.They helped me with a
public issue a few years ago and it was one I messed up with my merger
selection...but they did every thing they said they would.Both of them have
had problems with the SEC and NASD before and survived.One was a millionaire
years ago and probably is multi now and the other is a CPA who knows his
stuff.Both take only nominal salaries and are obviously after the big ticket
buck.I have not spoken to them about this or anything else in years.
That being said:
CHOD = Castle Holdings Corp.
Business = Online trading using Killkey and Java Trader.
Sales = '99 about $3,500,000 vs '98 about $1,600,000
EPS = '99 about [$.01] vs '98 about [$.06]
Profitability expected around the corner.
SO = 6,600,000
Float = 2,500,000
High $2.12 all time $5.00
Low $0.18
Current Bid .56 Ask .88 Last .75
I just asked myself one question-Where could I find an on line broker this
cheap?
Sincerely,
John
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