Pure Gold Minerals (PUG)-TSE Message Board

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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE

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To: Famularo who wrote (849)	10/28/1998 6:29:00 AM
From: JKNF	Read Replies (2) of 1030

Let me be the first person to say, that I believe in rewarding management and employees with Stock Options, however they MUST DEMONSTRATE THAT THEY HAVE EARNED THEM FIRST!!!!! Now, I have to get back to the D-Warrants, what PUG has done to date, is announce that the Series C Warrants held by armslength individuals have been extended and and the exercise price lowered, now over the past two days we have two announcements, yes two announcements stating that all kinds of management and employee stock options totally now over 4 million shares have been modified by reducing the exercise price from over $1.00 to $0.30. Why has everyone been looked after except for the Series D warrant holder, I'll tell you why, its because we are not armslength shareholders, Sheldon wants to make sure that him and all of his buddies styuff their pockets at our expense. THIS GUY JUST HAS TO GO!!! COMPANY MOTTO, STUFF OUR POCKETS AS MUCH AS WE CAN, SCREW THE SHAREHOLDER!!!!! Regards John

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