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Gold/Mining/Energy : American International Petroleum Corp

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To: Millennium who wrote (5706)12/10/1997 4:17:00 PM
From: JT  Read Replies (2) of 11888
 
Once again Millenium is pursuing us small-time SI folks who invest in
AIPC. I am somewhat perplexed by this.

Less than two days ago Gary from Millenium supposedly gets on the AOL
chat board to put down the $50 share price upgrade and imminent news
rumors, and concludes his comments by stating that Millenium was never
hired by AIPC to deal with the individual investors (they "just fell
into that role") of AIPC. Rather, he supposedly stated that Millenium
was hired to deal with institutional investors and to "help AIPC with
acquisitions".

If that were true, then why does Millenium regularly post to SI and
AOL to get people to put on their mailing/fax list? In other words,
why do they continue to fuel the response of individuals if they
never wanted to deal with us in the first place?

And since we're (I'm) talking about Millenium, why haven't they put
out a release of the WaveTech results from analysing the Soviet's
seismic data if such analysis was complete? I realize that it may
take 30-90 days (or longer) to get the new seismic data from Kaz,
but these is no reason to hold back on the Soviet analysis if it
is really complete. In fact, I would go so far as to say that to
hold back such material data from the public puts AIPC and Millenium
at legal risk. Anybody agree? Maybe the Soviet seismic analysis is
not complete, but if you ask Millenium, they will simply say "no
comment", which to me means that the analysis is complete - they
just aren't ready to release it. How long does Millenium plan to
play these "games" with material data on AIPC?

Personally, I'm expecting to hear at least a partial release from
the WaveTech analysis on the Soviet seismic data before Christmas.
If not, then there is a bigger problem here than just poor PR by
a firm that never wanted to deal with us individuals in the first
place. <IMHO> Don't get me wrong, I still believe in AIPC. I just
no believe in withholding material information from the public at
large when they are putting their money at risk. I hope that this
is not the case, but there are indications that it MAY be. I hope
that Millenium will consider the potential legal ramifications of
holding back, if that is what they are doing. Whether they wanted
to deal with us or not, well, that's pointless. They have us now,
and we expect to be treated fairly and equally just like any other
investor they deal might with - institutional or not.

Regards,
JT
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