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Gold/Mining/Energy : TRINITY GAS CORP. [TRGC]

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To: sedahS who wrote (813)5/20/1998 3:44:00 PM
From: PartyTime  Read Replies (1) of 1081
 
Updates: On Bobz, Flash has volunteered to serve on the shareholders committee, as articulated by Verdad. This is positive. Congratulations on your decision, Flash.

Also, I posted the following on Bobz:

Well, this has turned into quite a reading event.

I wonder if all parties would function better if they concentrated on gaining more funding for the orphanages
from TRGC/TGC operations, instead concentrating on who gets the greatest personal gain. From the very
beginning, I've always liked that these social agencies would be funded.

My view is that the social agencies should be funded according to the original agreement, and that any
disputed monies should also be so channeled. It is here where we establish our best opportunity for the high
moral ground.

Now, back to the quagmire. First off, Verdad, I think you've got to refrain--as you have asked others
similarly--from heaping blame on other people. Sure, you noted an apology for Mr. Headke, but you did
this after completely taking him apart. There is no need for arrogance of any kind anymore. We've seen
enough of it. In effect, I think it's best that we eliminate any and all personal characterizations and concentrate
explicitly on the facts.

Each negotiating party should ask the other: What can I do to be helpful to the interests of the other? I
mean we're not negotiating a new deal where we've got to bargain for the best position. What we are
negotiating is for a joint effort to save the company in an effort to make it a commercially viable entity. So I
think the question should not be: What do I need? The question should be: What do you need? In short,
this is a repair job; not an initial bargaining position.

Whatever the deep-rooted causes of the schism, at this point it's water over the dam. Each respective
conflicting party always has the right to go to their corner, seek advise and come back out. But I'd much
rather see a condition whereby you all get together and exchange campfire stories, knowing that you had a
close call but still managed to save the company.

Recommendation to Verdad: Personally, I appreciate what you're trying to do and consider your
contribution extremely positive. I know that right now you're preparing continuous updates for us, and I
think I can speak for everyone by saying "thank you" for this.

I do have one request, however. Could you do a question and answer segment with shareholders? It'd be
great if you could formally request that people ask you questions, and then you utilize your good resources in
order to obtain answers. I think this would raise the comfort level and have an overall positive effect.

I look forward to learning more, and again express my appreciation for your efforts.

PartyTime
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