Afton Foods ( AFF ) -Franchise Consolidator Message Board

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Microcap & Penny Stocks : Afton Foods ( AFF ) -Franchise Consolidator

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To: J.C. who wrote (4)	2/6/1999 12:05:00 AM
From: David Michaud	of 60

Bob's (AFTON's big wig) father-in law had a serious heart attack last week so Bob was out of the office for the week and therefore, could not get all of the material to the exchange in time for the Thursday committee meeting. Management hopes to get the final paperwork done by Friday so they can be reviewed on the Feb 4 committee meeting. There is about a 50% chance of getting this done in time for the Feb 4 meeting. If they don't get everything in for the 4th, they will have it done for the meeting on the 11th. Unfortunately, we will have to be patient for another couple weeks. Certainly, given the circumstances, I think management has done the best they could. P.S. Financing for upcoming acquisition program is going well with a majority of the financing now in place. AFTN is in the final stages of its TSE listing application and could receive conditional TSE listing approval shortly. The company is also in the process of negotiating a financing package for a major acquisition which could follow soon after the receipt of the senior exchange listing. No idea what the new symbol with be. ttyl

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