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Microcap & Penny Stocks : Madera Int. (WOOD)
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To: Michael C Ellenberger who wrote (75)11/8/1996 1:01:00 PM
From: Mr Grey   of 3693
 
From what I understand the company was not getting any money from Russo. Russo was supposed to find possible sources of fiancing for Madera. Without Russo, Madera can do about 1 shipment every 45 days until they start to build up some cash. At least this is the way that it was explained to me. It is kind of annoying that the story keeps changing. I am going to try and get a hold of Ramero and see if I can't find out where the company stands even if they don't have Russo.
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