CANADA PAYPHONE - CPY(vse) Message Board

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Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse)

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To: Andrew who wrote (74)	3/7/1997 3:04:00 PM
From: Richard Saunders	of 171

Re: the halt - I called company this am and was told that they had requested halt. I had a call from my broker indicating that halt will likely be for a day or two. In the next breath the broker indicated that Canada Stockwatch ran a release on March 4 summarizing an article that David Baines of the Vancouver Sun ran indicating that "Florida stock tipster George Chelekis has been banned from the Vancouver Stock Exchange". The summary went on to report that "the exchange will prohibit any of its listed companies from dealing with him {Chelekis}." I was concerned that possibly the current halt was also somehow tied into this angle........... I contacted the VSE surveillance director (Angela Huxham) and expressed concern, especially in regards to CPY, halt, etc. I was assured that the Chelekis situation was possibly reported in a little sensationalistic manner and there is no intent to cause listed companies to breach any current contracts, etc. So...................... what you see is what you get. CPY seems to be poised for the next stage of growth. I have a position in CPY.

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