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Non-Tech : NORE - High Tech Bingo Equipment - Online Bingo

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To: Silicon Trader who wrote (31)12/28/1997 11:49:00 AM
From: Ed Pettee  Read Replies (1) of 7701
 
Jeff-- Would you run that by me one more time. In your response to me on the significant ($861K) amount of consulting fees paid during the 1st nine months of 97, you state that these were paid to companies employed to help get NRAG the recognition that it deserves.(post#31) That you know of at least 4-firms that were paid and evidently didnt perform the service for which they were paid,and that this has been corrected by the company hiring a new firm for PR purposes.

Does this mean that the comment on page 4 of the 10-QSB that states "the company issued stock for consulting services related to expanding its product lines", should have been worded to reflect payments to multiple PR firms to promote the companies visibility? I am having some difficulty understanding how payments could be made to so many firms in such a short period of time and have them all be unsuccesfull.


Thanks for any further clarification.
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