InCapta Inc (INCT)

[MagicCap]

Hi All - I have followed this stock for a while.

I had invested in it in early October 2003 and dumped it at a modest gain only to watch it go up about 7 fold from where I sold it. I must say that this one goes against every fiber of my investment being. Dilution is horrendous and there are no earnings, plus it is a stock that trades for less than a penny and is heavily manipulated in my opinion.

But I look at their business model and the growth and I can't help to think that it probably is worth more than the current price tag of approx. $6MM. Here's what I see that I like:

Revenues:
Q2 2005 - $243,982
Q1 2005 - $161,773
Q4 2004 - $129,731
Q3 2004 - $ 99,683
Q2 2004 - $ 27,269
Q1 2004 - $ 30,434

That is revenue growth that I really like.

AND FOR THE BEST NEWS OF ALL... the partnership with Circuit City. That's one heckuva deal for a microcap company like GZFX.ob.

The risks are evident...dilution that is absolutely abysmal. But they now have funding to fuel their growth and they have a partnership with a very large retail chain.

I'm sitting with 1.855 Million shares on a less than penny stock with no earnings and horrible dilution. Me thinks I'm crazy, but I have a good feeling on this. I wouldn't be surprised to see .05 by mid December and possibly .10 by mid/late January when they roll this out nationwide.