NCLS Nucleus Holding Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : NCLS Nucleus Holding Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JohnO who wrote (1)	12/9/1998 3:24:00 PM
From: ajd/mba	Read Replies (2) of 58

JohnO - Perhaps you can clarify some things: Apparently you talked to Paulson in November and he made some statements to you that seem to conflict with what has happened since then. According to your post of Nov. 19, 1998 (full text copied below), Paulson said: 1. "It was going to be a 7:1 R/S." Only today we find out it is 10:1. Any idea why you were told 7:1? 2. "After split there will be 9.5 million shares OS." Now the figure ends up being 1,168,126 shares OS. What happened? 3. "12/23/98 is scheduled shareholder meeting in Chicago. 12/3/98 we should have proxy statement delivered to current shareholders." I don't have my proxy statement yet. Sort of cutting it close for a 12/23/98meeting isn't it? 4. "The new BTO encrypted site will be online by next Wednesday www.enucleus.com." Is that task completed? I could not tell. I was just there and they don't even have any mention of the R/S on the site yet. Is anyone sure that there is still a deal with Walmart? It seems that shutting that down when the Xmas season was getting going was not the best of timing. To: +edde (489 ) From: +JohnO Thursday, Nov 19 1998 10:58AM ET Reply # of 504 Hi Folks, Just got off the phone with John Paulson. Here's what was said: Reverse Split is 1 to 7 The new BTO encrypted site will be online by next Wednesday www.enucleus.com They manufacture their own computer and are currently expanding warehouse facilities to meet new needs. After split there will be 9.5 million shares OS They plan on making acquisitions with a combination of their 78% of shares and cash. They have an in-house tech support and are expanding this to meet new needs. $3 million is estimated revenue for Nucleus for 1998 12/23/98 is scheduled shareholder meeting in Chicago. 12/3/98 we should have proxy statement delivered to current shareholders. Internet provider system is a new one and currently has 31,000 subscribers, tele-communication system is growing rapidly and very profitable, online checking system and other payment systems are doing well and they expect great growth in this area. Adrian Belinne will remain on BOD and gather additional internet banner adds for products Jeffrey Wescott is an officer with Bank of America and will greatly assist in securing financing for expansion and other capitalization. Mark Fera is involved in the computer industry and will assist developing this phase of the company. He has many contacts with Fortune 500 companies that will greatly assist them to grow in the computer as has happened already before merger. Stephan Calk owns the 2nd largest mortgage bank in Chicago and will assist in developing the financial aspect of the new web site. The are expanding their online banking service to service customers and businesses John Paulson has been involved in tele-communication area since 1984. He has assisted many companies procure funding over the years. They growth of Nucleus in the banking, computer and internet provider areas have grown considerably and his plan is continue this trend and expand Nucleus into other profitable areas in a slow orderly process. I was impressed when I spoke with him. IMO this will be a profitable investment and I'll continue to keep my investment with AMGV/ Nucleus. Have a good one. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next