The PennyShac

[Lazarus]

shawn -- that's me picking up a few more today...

...hope you got a few on the cheap the other day.

there are less than 10 million OS and 3 insiders own about 41%. its an old company with old-timers at the helm. the resort does about 10 million per year in business and they get have some oil revenues as well.

i dont think the assets are shown at fair market value --- IOW is suspect they are worth considerably more. outlook for bookings is favorable.

it does seem that when they make $$ they end up spending it -- but right now they are doing capital improvements [per filings] upgrading sprinkler and alarm systems.

the market cap at .02 is around 200k and unless i'm missing something it looks cheap....and i dont really see much downside risk for the long term penny player.

i estimate the float at around 5 million -- and the company has 3500 shareholders.

Lazarus