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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

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To: JOE TURMAINE who wrote (2230)5/14/1998 10:58:00 PM
From: jhild  Read Replies (1) of 7491
 
Joe, as you well know, we have been researching these issues rather extensively. We dig as far as it goes and then it comes back to this company that has not filed documents that answer these questions. Now Roni, came on this thread a couple of days ago and published an update. I think that it helped to lay out a little of the terrain in the on-going deals. But these questions of just who these companies are, their capital structure, the major shareholders etc. These remain unanswered. These answers have profound impact on coming up with a fair valuation for CSHK.

The fact that the state of NV doesn't require a lot of this disclosure - I don't care. The fact that CSHK has chosen to takeover a shell corp, and isn't required to submit reports to the SEC until Nov - I don't care. They are a public company, and I think that if they were honest and aboveboard, they would make this information available. It seems that these things don't bother you. They bother me. I think they would be a concern to any shareholder not on the inside of this company.
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