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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Richard L. Williams who wrote (11148)3/7/1999 11:18:00 PM
From: Gary Jacobs   of 11708
 
Rick, i'm not here to debate or bash those who hold hope in this company. i trusted what information i received from the official spokesperson of the company for a long time. i invested in CSMA for the well. i've said that before and i'll repeat it here. i increased my position as information related to the well grew more positive and the company made not one but two press releases related to the operational status of that well. it is now my belief that the well is not receiving class V waste and has not started generating any stream of revenue remotely close to what projections were made. i would love for someone - anyone - to provide me with information that says otherwise. show me the money trail and i'll sit quietly back and wait it out with you. i'm just asking for something more than a press release or email that says things are on track. it would be ridiculous to blindly believe without valid information and so far the information i've received hasn't turned out to be so valid. as for patience, i hold two other bb stocks that have run into repeated delays in reaching their objectives. but in both instances the company has clearly expressed to shareholders the risks the company faces, what the status of current activities are and what has to occur for things to progress. that leaves the shareholders with valid information from which to decide whether to wait it out or catch a different ride. have no animosity toward anyone here or in the company. business is business. regards.

gary
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