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Non-Tech : Sungold Gaming International (SGGNF)

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To: John Lawrence who wrote (1004)8/13/1997 11:55:00 AM
From: WINNMAN   of 5164
 
John Lawrence and all... I just talked to Kim Hart..I touched the working capital aspect... he said they will be putting into the company's coffers another half a million dollar in the next 30 days..regarding the financier for the michigan Casino he said they have got several people interested and they be be narrowed down to two in the next 60 days.. also said that they are trying to get listed in the Canadian Unlisted or Nasdaq within the next 4 to 8 weeks. I also asked him to arrange a meeting of Management with a delegation of three people representing investors and he said "absolutely", "no problem" I am suppose to phone back with him to arrange a date after discussing that possibility with the group on this thread. Names of volunters to go to SUM's office are required and it would be nice if everyone send to this reps a letter stating their authorization to talk on their behalf. I suggest also this three people arrange a meeting with high level of management from the VSE to express our thoughts and find solutions./ I said to K Hart that I find ludicrous that SGI was allow to trade on three projects that were nothing , but a pie in the sky in the first place and now that the michigan Casino is closer to fruition, it is halted and not allow to trade . His position is that they will not be allowed to trade because of the large institutional short position and they (Institutions) are pushing for a halt. In short this what I think.
1.- To name a commission of three people to meet with SUM and the VSE in presence of a good lawyer paid by the group.( Create a legal fund perhap $.03 per share)
2.- Exchange opinions by way of e-mail with a coordinator of the group to agree on a strategy with SUM and VSE((PLAC)
3.- Arrange the meeting and report back to the members by way of e-mail to the constributing members)
4.- Should you agree e-mail me stating your thread's name for the time being, number of shares and e-mail address( It will be kept strickly confidential)( Do not send money, if succesfull the money will be send later to the coordinator to be deposit i a special trust account) and I will report to the thread
the results of this initiative.
Only WE CAN AND SHOULD DEFEND OUR INTEREST.

Regards

LEANDRO ( Servimex@icenter.net)
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