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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: sh who wrote (18977)	5/4/1999 9:45:00 PM
From: Larry Macklin	of 20681

No i am not happy---but if you are saying that father gregory reniged on the entire deal because bob gardner is not currently a board member then i am REALLY not happy (not to mention that i dont beleive that for a second). I beleive that father greg had no intention of going thru with the deal. He thought he had the votes and tried to take complete control.....thats a fact. And now you are saying that father gregorys group wont put money into the company because bob gardner is not on the board!!! He has his 4 people on the board as was agreed to....but now he wont put money into the company? So what you are saying is that he would rather see the company go bankrupt now that he doesnt have complete control? That is a really a CONCERNED SHAREHOLDER......concerned about himself and no one else. The company will be able to raise money from real investors...not half-baked control-hungrey lunatics!!!! Larry Macklin

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