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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP)

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To: Bob Jagow who wrote (2821)5/14/1998 9:00:00 PM
From: Larry Brubaker  Read Replies (2) of 3594
 
Bob: Interesting timing on those conversions. April 8 was the day CHIP made the announcement about the judge deciding in their favor in that Casino lawsuit. On that day, 639,887 shares were converted at about 15.6 cents per share. As you recall, the stock ran to 40 cents briefly that day.

Gee, if I were the suspicious type, I would wonder if the PR, the price increase and the conversion were all timed to allow our foreign "investor" to dump those shares at a big profit. Luckily I'm not the supicious type. I'm sure all this was done with the best interests of CHIP shareholders in mind.
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