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Newsletter
May
12, 1998
OTC Journal Newsletter Update: Congratulations to subscribers that participated in the new issue Ontro, Inc., which opened for trading today. Subscribers who reacted to our profile and invested in the new issue were able to pick up the unit (one share of common stock and one warrant) for $5.50. The common stock, which now trades under the symbol ONTR traded to a high today of $8.50, and closed at $6.125. The warrant, which trades under the symbol ONTRW traded to a high of $2.625, and closed at $2.03. Investors that participated in the initial public offering had a 102% return in one day if you had sold at the high! Based on the closing price, investors were up 48% in one day! Subscribers that did not take advantage of our profile should consider picking up some of the warrants (ONTRW) if they happen to drift down under $2 per share. We will probably be releasing our May profile on Friday, the 15th. Stand by for a very exciting opportunity- We are doing our research now and, so far, we love what we see!
DISCLAIMER OTC Journal an independent newsletter committed to providing our readers with factual information on certain public companies. Companies are chosen on the basis of selected financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors of OTC Journal and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the company mentioned herein. This profile contains forward-looking statements relating to the expected capabiliti! es of the Company mentioned herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF OTC Journal ANAGEMENT, INC. To all subscribers: Last week we provided our subscribers with a profile on Ontro, Inc., a San Diego based manufacturer of Self Heating Containers. For those of you who read the profile, you noted that the company was not yet public. We are expecting the Ontro unit, which consists of one share of common stock and one warrant, to be priced tonight and open for trading tomorrow. The proposed symbol for the common stock is ONTR, and ONTRW is the proposed symbol for the warrant. The unit will be split, and they will trade separately. We are anticipating the unit to be priced between $5.50 and $6.00. Look for this stock and the warrant to trade extremely well. Have a Great Day! |
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