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Gold/Mining/Energy : ECHARTERS

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To: Big Shorty who wrote (2079)	12/23/1997 12:17:00 AM
From: Bill Jackson	Read Replies (1) of 3744

jimc; As I see it he can speak about it to as many people as he likes, but a max of 50 can belly up and take part if he wishes to stay fully private. Offering memorandums are on file in the public record so all you need to do is find one close to what you want to do, and modify it a little and it will run OK. The lawyers are not really needed, as an experienced hand can do all the boiler plate. Sometimes the buyers ask their lawyers about it, making work for that group, and as a professional courtesy that ask for a few small changes, to keep the work flowing. There is no real requirement for lawyers to bless all things. It is typical of our society that they try to do it. I once paid off a morgage for $100,000 and the bank wanted $250 for a discharge and filing of same.Robbery fee for a receipt. I took my receipt and obtained a judicial discharge for just the filing fee at the court. The banks and lawyers try to insinuate themselves into many transactions in this way. resurrections of corporations are also another cash cow, I could go on. Bill

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