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Gold/Mining/Energy : Venga Aerospace Systems Inc

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To: w. chan who wrote (56)11/23/1997 9:16:00 AM
From: bigjoe  Read Replies (1) of 202
 
W.Chan
I Just heard from Mr. crosby, and the following is what he advised.

The stock at the present time has been placed in a restricted status by CDN. It is due to a number of reasons, but mostly poor management. Past news releases that were not accurate and other events that have simply not been taken cars of.
The stock is however still trading, but you have to call their market makers W.D. Latimer in Toronto directly. They have access to the stock and will trade for you..The bid and ask are not displayed and is controlled by CDN. Mr Crosby has spoken to them, and the company has a number of steps to perform to accomodate their requirements..
Again the only restrictions placed on the company are in the reporting of the stock on the boards... which is enough to discourage any potential investor....
W. I hope this clears things up, as it sure did for me, it was an excellent question......
If any other shareholder out there would like some questions asked and don't want to talk directly to Mr. Crosby just send me an e-mail and I will try to get the answers....My E-Mail address is bigjoe@cyberbeach.net
Perhaps for the benefit of the other people on this thread, it would be best to ask questions by posting to this thread, that way everyone will be brought up to date at the same time...
Regards Joe
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