POE:VSE PAN OCEAN EXPLORATIONS INC. Message Board

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Gold/Mining/Energy : POE:VSE PAN OCEAN EXPLORATIONS INC.

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To: john who wrote (147)	2/15/2000 3:59:00 PM
From: CIMA	Read Replies (1) of 277

John, I have to admit you were right on this one. A pile of insider paper became free trading today and it dropped down to .12. This company brought in deals, most that it couldn't bring to fruition, and management papered itself up on each deal. They hoped to cash in while the share price was up and the dilution was still under control. Seems like their small interest in EKHO is the last hope as they're up against the ceiling on the number of fully diluted shares issued. I figure we'll see a rollback during a quiet period if EKHO is a dud. Then the same shell game will start all over again. So far, I'm embarassed to have my name associated with this company but I've learned a lot through the experience. I do want to say that Rob in IR has been good, my discomfort is with the Pezim style of pump and dump management which appears to only care about it's own financial interests and little about shareholders. Oh well, I understand they have four other shells to play with. Waiting for a hi-tech deal to show up in one of them after a name change...

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