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Microcap & Penny Stocks : NAAC - National Affiliated Corp. $1 and Moving to $10

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To: GlenRP who wrote (1550)2/1/1999 7:01:00 PM
From: Sam Matz  Read Replies (1) of 1587
 
No harm done Glen. We are all a bit edgy, at least I know I am, in regard to this stock. I should have posted the email when I read it at home first thing this morning, I just thought you all would have gotten the same investor relations email. My bad, won't happen again.

I would like to know what the settlement is before I can decide whether it is good for LONE or bad. Is the settlement that they get to buy back the debentures or is there more to this? If so, then at what price, and what did they sell them for? Also, does this mean that they now drop the case against the two parties except Black Sea? Glen, you mentioned that it takes three to tango. Does Black Sea still have a case now that the other two parties have dropped out? So many questions........
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