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Microcap & Penny Stocks : PowerTel USA (PTUSA) was Nevada Energy (NNRGA)

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To: charles messick who wrote (40)3/3/1997 11:13:00 AM
From: Gary Floerchinger   of 303
 
Charles, would you believe that I am in the same boat with you and I also do not have an oar...I will be seeing the a person in just a few minutes to have my hair cut, her cousin is the past CEO of NNRGA, he is the one that has a lawsuit filed against PTUSA now trying to get the Company back from them, he claims that the present owners are stripping it of all assets for money. He and his family have mucho shares invested that they kept after he left, he was suppose to have been kept on as an advisor, but they never paid him, so he really has two cases against them. When I last heard, about three weeks ago, he as in NY trying to get the company back, according to her, he felt that he would get it back, I thing she said her family owns more them 2 million shares, and he that was suppose to be their retirement fund, so he is fighting real hard to get company back.

Will check with her on it today and let you know how it stands.
But for now I and you are up the creek without any oars and we cant see land...but maybe, just maybe land will show up before we get a pair of oars, but I am in just like you with the same small amount of shares after the split..

More later.

Regards.

Gary
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