NuOasis (NUOA) formerly NONA Message Board

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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Ken Sammut who wrote (489)	10/16/1998 11:22:00 AM
From: Gary s Gilbert	Read Replies (1) of 1622

Ken: If Jonathan in fact is telling you that Fred Luke "may" buy back shares suffcient to 'take the company private' this would be release of insider information and obviously illegal. More likely we are witnessing a pathetic ploy to stop the bleeding i.e manipulating folks to hold their shares on the basis of fantasized reduction in dilution. Now we are being gently told of delays and poor revenue stream in Tunisia. Merging with FXWA should be fun. recently they issued 1.5 million post reverse split shares to "Hudson" for consulting services, which at $6 per share is a lot of money, if this were truly tradeable stock. In less than 1 month's time FXWA has increased its issued stock from 5million range to 15million; recall, Fred was issued 1 million FXWA, which was 19.5% of shares out at that time, now reduced to 6% range. of course he has options to buy FXWA shares to maintain his interest, even raising it to 49.5%. He would need lot of money to do so, and would be buying back his own Tunisian casinos plus 20 acres of mortgaged land in eastern Nevada and a small truck stop/motel and a few slots. Folks,fat lady is clearing her voice in the wings.

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