Blonde Bear (BB.ASE) Message Board

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Gold/Mining/Energy : Blonde Bear (BB.ASE)

BB 4.880

+2.3%

Oct 31 9:30 AM EST

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To: worldtraveller who wrote (184)	2/24/1999 1:53:00 PM
From: Robert F	Read Replies (1) of 212

My guess is that there is no money left. In fact, it's likely that one of the reasons we have been left so uninformed is that, what little there was, was being used to provide the President with a salary to carry him until some poor, unsuspecting company took him on expecting great things. It seems to me that there were no other salaries to draw down on cash. I never once reached a secretary, and I saw Dave Gregory in the paper last week promoting the fact that his bank made a healthy profit last year. I can't imagine that he would risk double-dipping, especially if he knew the state of affairs that the company was in. I hate to say that I've been right but I called the delisting for time issue way back in December and anyone who knows Brent has agreed with my posts all along. So I'll go out on the limb here and wonder out loud. We have always been told that Mainchan/Blonde Bear's delay was because Mainchan was "getting its financials together." I wonder (my lawyer always tells me to write in my opinion alot) if the reason the financials never got produced is that someone had something to hide in them? From an operational side, if there was money in the company, but not a lot of people around to watch what happened to the money, could it be that at the end everyone looked around and said "where did it go?" One voice may not have answered because what could he say? I would be interested in knowing if we can get a full audit done of Mainchan. This has to make the ASE look bad and we know they were watching this company closely or why close it down when it was on fire? In my opinion, perhaps a full audit could illuminate what went wrong and prevent other Mainwoods from surfacing and profiting at our expense.

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