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Gold/Mining/Energy : Windstar [WSRI], formerly Turtle Mountain
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To: Richard Mazzarella who wrote (64)11/19/1999 10:31:00 AM
From: Richard Mazzarella   of 148
 
New 10Q: biz.yahoo.com . Notice the update from previous filings:

<<A reverse acquisition transaction with a private company would permit the private company to become a public company using our Company as a means of achieving their goal. The reverse acquisition company candidate in that case would have the major stock and control position in the company and all current shareholders' stock position in the company would be significantly diluted. Since it is likely that a reverse acquisition company candidate would not be a gold mining company or be interested in our assets, the Company's activities will move in another direction, away from mining.
Management has concluded a Letter of Intent with a possible acquisition candidate and a transaction may be completed following the due diligence period of examining the acquisition candidate's legal corporate status, management, financial statements and business potential. Should a reverse acquisition be completed, the acquisition candidate's shareholders would gain majority control of the Company, assume management responsibilities, change the name of the Company, replace the existing board of directors with interim members until the annual shareholders meeting, at which time shareholders can elect the candidates, obtain a new trading symbol for the Company's stock, and be fully responsible for continuing to file the necessary quarterly and annual reports to the Securities and Exchange Commission, in order to maintain the Company's OTC-BB listing as a public company.>>
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