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Non-Tech : Sungold Gaming International (SGGNF)

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To: Gun Lake Band who wrote (3002)1/22/1999 10:14:00 PM
From: John Lawrence  Read Replies (4) of 5164
 
Whoever posted 3002 is trying to damage the company.

We don't know who 'Gun Lake Band' is. It's obvious that whoever posted 3002 is seeking to gain an advantage by creating problems for the company. It could be the short sellers, or it could be someone's idea of negotiating tactics. I don't think it's appropriate to anonymously submit a document like this to SI. I don't know what motivates the sender, but I strongly suspect it's a big pot of money. I think their methods are contemptible, but sometimes large sums of money bring out the worst in people.

There are some things we know. Sungold has had a contract with the Gun Lake Band for several years. The contract includes developing a casino in Michigan. So far as I know, Sungold has met all its obligations and has always acted in good faith with the Band.

Sungold and its shareholders have been through a lot in the last few years. If anyone thinks they're going achieve some personal benefit at the expense of the company by posting that note on SI, I for one, am not going to help them out. Reactions of fear and distress will only play into their hands. I believe that the company should, and will continue to fight strongly to protect shareholders interests. I'm choosing to support the company, in part, because of the low-ball tactics employed by those who are working against it.
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