By: diamondhappy1414
24 May 2005, 11:37 AM EDT
Msg. 832 of 833
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OT: AMRE. Marogeeca said it has too much potential? Its a scam folks, and out and out scam. Same with NAUC which is why AMRE is rising. Here is a piece written about NAUC........
"It has come to our attention that a direct mail piece touting Net2auction Inc (NAUC) is being sent to mailboxes around the country. Be careful. This mail piece is being sent by an anonymous source. NAUC, which now carries a market cap of over $200 million is being run by recidivist stock promoter Delmar Janovec.
Net2auction (NAUC) is nothing more than a business plan to start some Ebay drop off centers. The company's total revenue was $2585 for the quarter and they only have $30,000 in cash.
This type of promotion reminds Stocklemon of both CNDD and BHLL (which both got halted). Stocklemon believes that NAUC is a halt candidate and we will follow this story for our readers as it unfolds."
Go to their website, they show a picture of one of their stores. Looks like a closet with a desk, a computer, and a sign taped on the wall.
AMRE company has changed names before to try and capatilize on whatever is hot at the moment. Im not knocking the stock, I mean it has gone up nicely, but the company is farce imo.
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