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Microcap & Penny Stocks : VLVT (was CSMA)

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To: H. K. Boner who wrote (8438)7/27/1998 8:28:00 PM
From: Gary Jacobs  Read Replies (1) of 11708
 
HK, i disagree with your assessment.

1. AdHatters has been successful by any measure.

2. Envirotec has received state approval and is now waiting on a
contractor to complete work on the class V well. Numerous
delays, but no failure yet. The delays, i'm satisfied, have
been legitimate and no one has offered up proof to dispute that
view. When that well becomes operational it will, imho,
provide a revenue stream that compensates for any delays.

3. Coconino Oil and Gas poked around and didn't hit the big gas
pocket. The outcome may not have been as hoped, but the deal
was done. In true business fashion the next step would be
re-assessment, which last word i have is consistent with where
the company sits. And if they pull the plug on that one i'll
not complain either.

4. LPS - you tell your story, i have mine.

5. Reporting status. Explored possibility of filing form 10 and
determined that route would be long and difficult. In the
interest of shareholders management decided to pursue that
issue through reverse merger. Now, call it what you like but
how this company achieves reporting status is of little
matter. Getting there is of significant value to its
shareholders.

In short, you have a perspective about this company that i don't share. So you keep dreaming about replacing this management team while they keep pushing the business plan and adjusting where needed.
Until they fail in MY perspective they'll continue to recieve my support. regards.

gary
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