Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

GPGI 24.99

+0.6%

3:59 PM EST

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To: Larry Brubaker who wrote (1193)	11/15/1996 2:01:00 PM
From: Lee Bush	of 14226

GPGI is a non-reporting company, so they do not have to file quarterly with the SEC. Rules on Reg S shares, according to a recent ruling, are to be reported to stockholders within a shorter time period (I seem to recall it being shortened to 45 days?). Whether non-reporting companies are required to do that, I'm not sure, but I believe so. I do not think that we have to worry about dillution of our stock because Jensen is very conservative and respects the sacrifices made by his stockholders. If he did a reg S, I believe it was with certain understandings regarding resale into the market. I think we need to be careful about going off on tangents. Perhaps we can get added info from the newswriter directly about the placement.

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