WINR-Secure Banking to Global Internet Gaming & E-Commerce Message Board

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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce

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Nov 5 1:20 PM EST

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To: Mr. Miller who started this subject	11/28/2000 3:05:16 PM
From: CYBERKEN	Read Replies (1) of 6545

I have to give TROL credit for sensible observations in this post he made. I think it would be good for Skinner to read, and realize that the opinions expressed are not isolated ones: <<By: TROL $$$ Reply To: 24793 by PENGUIN $$$ Tuesday, 28 Nov 2000 at 12:21 PM EST Post # of 24802 I will be looking closely at the next communication from David Skinner Jr. This is the last chance he has to reestablish any degree of trust with most shareholders. At this point I am no longer greatly concerned about positive news or the lack of it. WINR is now already priced low enough to assume the total absence of positive news, positive news would be a welcome surprise. I am looking for candor. I am looking for the complete lack of positive spin. Any hint of evasion from Skinner would be deadly. If he sold shares during the media blackout I want to know why, and if it's because the old roof on his home was leaking, why wouldn't his salary cover the cost? Even if he sold shares spurred by a fear of not wanting to risk losing his entire fortune on a company with an uncertain future, admit that. I can deal with honesty. Of course I want to know about the business plan looking forward, but if that doesn't go without saying we are in deep trouble. If Skinner regrets prior business decisions, I want to know exactly what led him to make them in the first place. Specifically what he has learned, what he is doing to undo the damage, and how he is doing things differently now. The fiasco with the SEC must be completely explained. No hiding behind a blanket legal smoke screen. If there is something that can not legally be revealed, he better cite the exact code and the specific interpretation of it that is preventing full shareholder disclosure. How does Skinner intend to improve the flow of information from the company to shareholders? Would he agree to periodic conference calls with investors? He could have his lawyer sit in on the calls to screen out discussions that run afoul of the SEC. At least then we would hear directly from the lawyer why information was being denied. By now it is painfully obvious that Skinner has weaknesses as a CEO. That is not a fatal indictment. In a larger company other key players can balence out a management team. Skinner may be the visionary that is indispensible to any start up company, the one capable of framing and selling the bigger picture. I could accept that if he can identify his management weaknesses and outline a plan for bringing in organisational help to address them. If Skinner feels the kinds of revelations being called for here are demeaning, he better get over it. WINR is a risky start up company. The relationship a CEO has with his investors at this stage is much more intimate than what is considered normal for an established company. Without confidence in the management of this company there is no floor for WINR's stock price. Support has long since been taken out. Skinner should know from last year how important the trust of his shareholders is now. It is not beyond his power to reinstill some of that trust through openess and honesty.>>

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