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Gold/Mining/Energy : Alliance Pacific Gold Corp, V.APG (formerly Yukon Gold -V)
APG 35.43-1.0%Nov 4 3:59 PM EST

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To: George Hassen who wrote (173)7/28/1998 1:43:00 PM
From: keith massey  Read Replies (1) of 209
 
This exact same story has happened countless times on the VSE. The insider no longer own any of the stock so they could care less to what happens to the company. If shareholders vote against a roll-back financing will be next to impossible and the company will go broke.

The stock will roll-back and drop another 50-60% over the period of several months on little or no news. The insiders and promoters will take down a large private placement of 3-5 million shares at 20-40 cents. With the new 4 month hold period for private placements on the VSE they are set to start promoting the stock again. Since they control most of the float they can pump and dump this stock once again.

I hope I am wrong for shareholders sake.

Best Regards
KEITH
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