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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Sidney Reilly who wrote (159)7/18/1997 6:25:00 AM
From: Gerald Underwood   of 4736
 
Bob and all,

Does anyone know what the original public offering consisted of ?
How many shares and what price?

Also what was this money used for? Was any of it of benefit to the
company? I am asking since there is no mention of public float funds
being used for drilling purposes. Where did it go????

Answers to these questions are very pertinent to what is going on
now IMO. If company received no benefits from public float then it
could account for the present lack of communication to the public
stockholders.

Gerry

PS. Sometimes the things left unsaid are more pertinent to understanding what is going on than the things said. Since so much of the information is in conflict, maybe the lack of information says much much more.
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