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Microcap & Penny Stocks : New Sky Communications (NSKY)

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To: Mike P. who wrote (2250)9/3/1998 9:43:00 PM
From: myturn  Read Replies (1) of 2601
 
Thanks for bringing that to our attention. That is how NSKY stays afloat is my understanding. Mr. Reynolds gets no salary from NSKY and I believe from what I have gathered looking thruogh all of the old SEC files; Mr. Reynolds doesn't or hasn't issued himself any shares in over 5 yrs. Now if anyone can find where he has sold shares in the past 5 yrs; please bring them to my attention.

I am also with the understanding that those shares that Mr. Reynolds sold, are for running the company.
I, or Donster will be asking that question tomorrow.

One of the projects that we anticipate to be announced in the near future is the financing of "Face Facts". The company that is suppose to be providing the financing is called Winchester Entertainment.
We anticipate news on that deal any day now.
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