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Microcap & Penny Stocks : Sinclare (SNCG) / cyberlinx
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To: WhiteKnight who wrote (2630)10/25/1999 2:09:00 PM
From: Dee Jay  Read Replies (1) of 2696
 
are you a betting man?

My purpose is to provide balance and to question the questionable. When my assessments are wrong I have no hesitancy in saying so - but I sure was right on with SNCG and FlexQuote years back.

The cost to refurbish those old Pullmans sufficiently to make them pass the FRA's stiff requirements, including the onboard septic tanks required to replace the old "Sh--&-dump-on-the-tracks" methodology, which probably was replaced with direct sewer connections when used as motel rooms, is going to be pretty high. Those cars aren't going to be worthy of carrying passengers in any kind of routine service for many months to come, if the refurbishment is fully financed.

Since SNCG now owns the railcars where is it getting the money to pay for them? Will you reveal its balance sheet for the investing public? If it has $millions in resources what is to prevent burned SNCG shareholders from filing lawsuits against Sinclare and tie up those assets, thus derailing your gambling train plans? Sinclare never went through any bankruptcy and any shareholder claims are still well within any Stature of Limitations, IMHO.

But then, you have said elsewhere "Trust me. I have completed 22 mergers and acquisitions, and several bankruptcy reorganizations." Source: JABI thread.

As for the ALJ Decision I think it speaks for itself. Your Appeal and earlier filings seem to have carried little weight with the legal proceedings but if your Appeal is successful I will post it almost as fast as you will, guaranteed. And if it's denied you can be sure it will be posted as well by one of us.

While you're here how come you never announced that the Karate Intl. deal unraveled not long after it was made?

I am extremely skeptical of the likelihood of success with the 2 ton or 12 ton reusable cement bags and the intended usage. I don't think the world spot prices for cement in Asia will provide the kinds of economic realities that your plan envisions and I think the Kaisers of the world would have done something like that long ago were it feasible. And your ads for cement purchases seem not to have produced any viable contracts on any long term or any other basis.

BTW, I do remember PC Telemart when it was in operation. I might even have been a customer as it rings a bell, though I can't recall the outcome.

And what is the scoop on the Flying Saucer you invented, per the U S Cement site? Why is it now hidden?

Dee Jay
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