NuOasis (NUOA) formerly NONA Message Board

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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: SG who wrote (740)	11/7/1998 1:23:00 PM
From: ghostme	Read Replies (1) of 1622

To All, I've reviewed the lawsuit NuOasis Resorts filed against the developer's of the Cap Gammarth Resort. The following is what I picked up from reading it. I'm not a lawyer! The latest agreed to completion date for the Casino was September 15, 1996. NuOasis Resorts is seeking $ 50,000,000.00 in damages to the value of our stock due to the construction delays. This figure is a little low in my opinion. There are around $ 13,500,000.00 in other damages being asked for. The reason we are in this .033 to .036 range rests mainly on the developer's of Cap Gammarth failure to complete the Cap Gammarth casino when agreed. I'm happy the the company is taking legal action. Has anyone else reviewed the lawsuit? Any Thoughts? Jeff

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