Replies to post #1560 on Value Microcaps Pick Six Lotto 04 (PSL4)

[Knowledge is King]

Yes, I own a lot...here's a recent post from the VMC board...




Anybody want to buy $1 for $.70???

ALTX, currently offered at $.23/share, has cash (net of all liabilities) of $.33/share.

I've seen shell companies with no assets whatsoever with bigger market caps than ALTX's current market cap.

I think ALTX is a win/win...either they liquidate and you make 40% on your money, or they ink a merger with another company in need of growth capital. In the latter case, the stock could turn out to be a multi-bagger.