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Microcap & Penny Stocks : HGRM--Any Followers? -- Ignore unavailable to you. Want to Upgrade?

To: ksuave who wrote (2778)	6/29/1999 12:57:00 PM
From: Bob Smith	Read Replies (1) \| Respond to of 3576

I believe in DD, good or bad, Rick. Just talked with Kevin and will try to post the gist of what he said, directly. Bob

To: ksuave who wrote (2778)	6/29/1999 2:12:00 PM
From: Bob Smith	Read Replies (1) \| Respond to of 3576

According to Kevin, this act only targets a portion of the alcohol industry and none of the myriad, other commodities subject to the obligatory markings. He suspects the Russian Mafia is more involved in the political aspects of alcohol regulation than other tangibles. He says the list of goods and products subject to the tax stamp program is vast, covering almost 100 different items. Everything from software to refrigerators is in the list. Moreover, the U.S. Government is showing signs of solid support and HGRM is still awaiting a bank guaranteed payment. He says a PR will be forthcoming as soon as that occurs. Of course, I can't say what this means overall. No one can. It might just be a twitch or there could be a snowballing effect. I sincerely hope the Russians don't find another way to screw up a good thing. The IMF ought to look at this before giving them another penny, I believe. HGRM has acted in good faith on an agreement signed into law by the Russian Federation. Along with Spetsznak, they are fulfilling their end of the bargain. I don't know what else I can say other than let's just hope for the best. Bob