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Gold/Mining/Energy : AFRI "African Resources, Inc"
AFRI 10.38-0.6%3:59 PM EST

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To: P.E. Allen who wrote (542)12/9/1998 12:32:00 PM
From: JOEY  Read Replies (1) of 1151
 
Talked to Leone:

He said " A PR regarding the demand letter will be issued." I asked WHEN and he said "somewhere between 5 minutes from now and one week." They will then follow that PR with another one stating that they gained 100% control in the Arizona company. I laughed when he told me the time frame, actually I said are you sure your not talking about the cable guy? ha ha

I asked why are they waiting for after the demand letter to issue a PR regarding the Arizona co and he said that more people will invest in AFRI knowing that there is a short position and good news will squeeze the bad guys.

DO your own DD, this is what he told me. I will try and call Rick.

Joey
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