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Microcap & Penny Stocks : IKAR Mining Tungsten iron ore gold silver copper cobalt

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To: EricE who wrote (156)	7/24/1998 11:20:00 PM
From: Alan Markoff	Read Replies (2) of 631

Eric; Maybe you should reread the 8-k to include violations [including Section 10(b)(5)] which may have resulted from the May 22, 1998 press release. Mr. Terry C. Turner, to make a Wells Submission, which is a written statement setting forth their legal position regarding the May 22, 1998 press release. that does NOT mean GE hired BD&Co to help the SEC prove the May 22 release was fraudulent Of course they didn't hire them to help the SEC prove the release was fraudulent. They hired them to save their butt............. So, let's see, that means GE hired the most respected mining engineering firm in the U.S to help them prove to the SEC that GE had a basis for making the claim they did. And BD&Co. wouldn't take the job for GE unless they intended to do just that. I think it is more like saving their hide from more violations that the SEC is planing on heaping on them........ They are trading on the pink sheets if things were ok with MINE they would be trading back on the BB boards......... Mind you, I am not talking about verification but I am simply, like you, regurgitating from the July 7 8K. So, IF BD&Co's sole role at this time is for legal counsel relative to the May 22 release, IMO it means that BD&Co saw merit to the May 22 release. That is so ridiculous it's not funny........ What GE doesn't want is to be paying out more money, and why wouldn't the Company they hired accept money for their services. The filing states the SEC position all GE is doing is preparing a legal answer.......... Thats what I get out of it. IMO it means that BD&Co saw merit to the May 22 release. In your dreams............................ My opinion also....................

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