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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: Alan Lim who wrote (70)5/16/1997 10:36:00 AM
From: Rob Lawrence   of 208
 
Alan:

Like I said there is big potential here and your are right they have done some unique things--I am a detail oriented person so I just look for those kinds of things I guess. I just thought we would possibly see some more share price appreciation with the news and was disappointed a bit. I think things will work out over time.

I am still unclear on where you got your share totals from. I am not saying you were incorrect but in the April news release it stated "The company has 9,233,325 shares issued of which 8,577,075 are free trading shares and 656,250 are escrowed shares." So I was just curious where you got your numbers from--I guess I have just not seen any other total to get to the 14 million you refer to. Educate me.

Anyhow I think the share price is holding around 2.20 so far today and may go higher--lets hope for the best!

RL
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