From August (posted on RB):
Here is the latest from our IR source. This is a personal response from Serena. There is still a lot of questions to be answered, but I think she is being as honest as possible. READ QUESTIONS 5 6 AND 7 AND tell me what you think. I am very encouraged and still feel like we might be sitting on a keg of GREEN dynamite... Who is number 5? who is involved in number 7? Hmmmmmmmmmmm?????
Date: 8/4/00 6:13:13 AM Mountain Daylight Time From: RealSenseIR To: HurryUp
Dear HurryUP (August 4)
MOST OF THE QUESTIONS YOU ASKED, I CANNOT ANSWER. BRIEFLY, I WILL TRY...I AM NOT OFFICIALLY BACK TO WORK YET BUT I SAW YOUR EMAIL FROM THE PILE AND WANTED TO RESPOND PERSONALLY.
1. Did Oxford carry the surety Bond? THE LOAN IS STILL IN PROGRESS. CANNOT COMMENT ON SPECIFIC DETAILS.
2. Any update on Allstar Resorts and Mr. Mann? CANNOT COMMENT.
3. I know August 7th was a 60 day date, and that's NOT binding,,, however, can you shed some light on what's going on for us old fashioned investors? (not what's in IR#5) SEE REALSENSE_IR POST #176302
4. Do you know the exact shares that are CURRENTLY in the float? not from the last 2 months, but currently? ONLY WHAT'S BEEN IN THE RECENT PUBLIC FILING. THEY ARE SOON DUE FOR THEIR NEXT FILING WITH UPDATED FLOAT.
5. I know the 52 million will be used for the Vegas property only. Will it all go towards phase1? I DON'T BELIEVE ALL OF IT WILL GO TOWARDS PHASE 1 WHICH IS SIMPLY RENOVATION OF THE EXISTING UNITS. Will the cash for the global acquisitions come from revenue of timeshare sales or will the global acquisitions be done before the Las Vegas property is finished? IT'S LIKELY FROM ANOTHER SOURCE ALL TOGETHER.
6. There is still been speculation about Disney being in the mix some way or another.. can you either verify or deny that claim? CANNOT COMMENT
7. Is MPTV still looking for large investors, or will the stock investors and the 52 million dollar loan suffice? FUNDING PROPOSALS -BESIDES THE LOAN- HAVE BEEN COMING IN. TYPICALLY IN SITUATIONS LIKE THIS, ONCE YOU GET ONE LARGE INSTITUTION TO COMMIT TO FUNDING, EVERYONE WANTS TO HOP ON THE BANDWAGON IT SEEMS.
If you have any questions or comments, please email MPTV@realsense.com.
Regards,
Serena Riedel Director of Investor Relations RealSense.com, Inc. (www.realsense.com) Tel. 717-786-7537 Fax 717-786-7398 |