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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (3052)8/11/1997 9:52:00 PM
From: Michael Yang   of 4342
 
Jack O'Reilly was the person who touted PRLN in the bussiness week's article. He was trying to promote the stock.

I am shocked by the issuance of the 200 K shares to the Pakistani. If true, I hope the SEC investigate this because it is not approved by the board. Never have I seen such ineffective management of a company's assets or value. Rhodes must things on his mind other than increasing shareholder's value, and I really want to know what. It is also discusting that O'Reilly made Traveller to buy shares, then become a director by himself.

One thing I hinted before seemed to be right. Traveller and Rhodes together made Babish go.

Can we collect our vote and kick Rhodes out?
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