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The Bigfoot
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Hi there,

I am a newbie to this post board. I have been pennystocking for about two years
but just let my subscription to "True Wealth" expire cause I didn't like his
advice enough to keep paying for it. I'm looking for a new place to bounce
ideas and get info.

GARM (RecycleNet Corp.) current price .06

This is the stock I am looking at right now.
Has anyone seen this one yet?

This is a scrap metal recycling company that in itself isn't terribly
interesting.

What is interesting is that Nov. 30th they announced plans to create an
independant spin off company based in China.
Anyone who owns shares in GARM on...January 20th will receive 1 free share in
the new company for every 10 shares they own of the parent.

Seems to me with all the hype about China and their usage of Raw Materials this
new company can't help but jump.

Can anyone see why I shouldn't invest in this?

Thanks!
The Bigfoot

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T e x
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the entire sector *should* be up, if the given biz decent security--around here thieves are getting 10$ of thou$and$ in ripped-off metals such as copper because metal is so high...

how does the GARM chart look?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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The Bigfoot
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Buy Tex,

Thanks for responding, I lost my post for a bit cause it got moved when I wasn't looking.

The GARM chart looks pretty good. Volume is low which concerns me a little but price is still good. Year high .075 Yearlow .02

Current price now .055

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T e x
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volume is tiny, eh?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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The Bigfoot
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Yeah,

I've been watching for about two weeks. Volume can be anywhere between 15000 shares or 200000 shares a day. I can't believe it is lack of interest. Not sure what to make of it.

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T e x
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also a good trader on another thread asked you whether the divvy shares will be tradeable...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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The Bigfoot
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A good question worth asking.

I am trying to find a definite answer but I am not seeing one.

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T e x
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doh!

call the company

call the TA


you brought it here, lol--take charge, bigfoot.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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The Bigfoot
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I hear ya,

It's coming Tex.

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The Bigfoot
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Alright,

So here is the information I have put together on Recyclenet.(GARM)

GARM is creating a spin off company in China and offering 1 share of the new company for every ten shares owned of the parent. The date of record for this transaction to take place is January 20th 2006. According to Recyclenet investor relations the MM's should begin moving shares in this company directly after the date of record.

Recyclenet (GARM) is a recycling web portal site. They DO NOT themselves buy and sell scrap metals and materials. Rather they provide a web listing where materials can be viewed for purchase nationally and internationally. They make money from selling memberships to their site and services.

Recyclenet has portals in many countries but has decided to spin off their China site into its own company due to the amount of possible activity that could be generated.

This PPS in the parent company GARM has recently dropped to .04, so if you think this oportunity has growth potential...now may be a good time to get in and secure your free shares.

I have now invested in GARM.

The Bigfoot

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The Bigfoot
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In case anyone wanders onto this posting. Don't bother...at least not unitl near the 20th. No volume makes this one a trader trap. I'm in still in hope there will be movement later but there are much better places for your money right now. FCDH, UAMA, and DMTN to name a few.

Thanks,
The Foot

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