PNWC - Pacific Norwest Capital Message Board

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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: snorkel who wrote (62)	12/26/1997 8:16:00 PM
From: Rob Ady	Read Replies (2) of 295

Snorel: I see the real problem as this: I doubt if Gary owns a share of Winchester. It was not long ago he was not even involved in all of the WNCR affairs and since he has the shares have tanked. Quite honestly I think Gary knows little about what is going on. I think he might be fed tidbits and then he fills in the blanks. We all know Gary can do that all too well. If the buyout is really going to be happening then why would the company be bothering to talk about becoming a reporting one, that is a time consuming expensive process-so we know that is a lie. They would never get a full listing with their track record--a full listing takes alot of time and would not be happening in the next 6 months and he acts like it will be something that will happen in 30 days--lie #2. If they had financing they would have announced it---lie #3. I was told earlier that there was already a dock on the island because other companies were already using it--lie #4. If they were selling the company what would be the benefit of telling/leaking that? The only hope would be to raise the price--that did not work. They already tried that with the 100 mil financing BS and that never happened. I wonder why they think people will believe them with their track record? This stock has turned into a spectator sport. People watch as it falls and the insiders unload. I wonder how cheap they got all of their shares? There have been close to 4 million shares traded since Oct 31 (2 months) when the BS began and the price has gone one direction because they have only done one thing they said they were going to and that is give away 10 million shares for the limestone deposit. They could just as easy announce in 2 weeks that the financial viability of the project is no longer a reality as a result of the asian market crisis. They hyped, dumped and profited. Sound familiar. I obviously do not know if all of this is true and I sincerely hope I am wrong but I am sure sick of the crap that flows out of this camp. Rob

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