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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K
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To: Don Pueblo who wrote (2192)5/13/1998 9:22:00 PM
From: jhild  Read Replies (1) of 7491
 
Well, TLC, I don't recall there being any discussion of acquiring Merced, per se. What I recall is that they were taking their product in exchange for those convertible preferred shares in 11th Hour. But certainly it raises questions of someone doing something improper. Either the Merced people misrepresented themselves when they signed a letter of intent, or there was no letter of intent and Cashco Management just plain lied. It would seem that it would be improper for a public corp to do this, but before we rush to any conclusions, I think we should have Roni, go on the record and be forthcoming about the circumstances of the signing of that letter of intent and the subsequent announcement to that effect.

Calling Rhonda Windsor! You are wanted in O.R.! Stat!
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