Palweb Corp (PAEB) Message Board

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Non-Tech : Palweb Corp (PAEB)

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To: michael john who wrote (1642)	2/25/1999 2:47:00 PM
From: jmt	Read Replies (1) of 2512

stock issued and outstanding are postet bevore and o cabec web site CABEC.COM Michael: This information is over a year old. We still have no visibility as to the dillution in 1998 by Curton, the cost in shares of the 20% stake in Vimonta, etc. We have also determined the listing of individuals holdings listed on the website is not current. Nor do we know if the shares authorized has been increased without general shareholder knowledge. I am aware you read these posts, and have chosen not to disclose this information. This lack of disclosure continues to disturb me and I would expect other rational investors who need to understand how many different ways any potential earnings are being distributed. Details of the financing with pace (traditional debt, convertable debt, etc) should also be part of the public record to assertain impact on future earnings. So micheal, I ask for the sixth time for some current financial information. I wish you success with the technology and the business plan. This has the potential to be a great company, but at this point of time does not appear to be a great investment due to what is not know concerning the capital structure. jmt

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