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

To: Bob Smith who wrote (2829)	7/15/1999 12:36:00 PM
From: Ted M	Read Replies (2) \| Respond to of 3576

I talked to Debbie the other day. She said that the holos for alcoholic bevs are being used for other beverage bottles, so the first shipments will not result in losses (I don't recall her qualifying the statement any). Also, she said the delay in the audit is really because it simply hasn't been completed as is the first they've ever done and requires covering a lot, but they are close to completion. (I know, I know). Still, I much prefer that explanation to the 'holding back' theory from a credibility standpoint. Regarding payment, not much new to add--they are looking for an August payment. By the way, although she's (everyone there) is very busy, Debbie was quite friendly. Ted

To: Bob Smith who wrote (2829)	7/17/1999 12:44:00 AM
From: Leslie Tack	Respond to of 3576

Amazin Kevin... Fluff is one thing...fact is Kevin has made multiple statements re. the "imminent audit" and nothing has happened and subsequent statements smacked of finger pointing. Unless it is going to happen he should keep his mouth closed. Their PR on the Russian order specified March delivery and now it's May. In general their PR is a disgrace. Ditto investor relations. It's a joke. Kevin talks about NASDAQ, yet he is not even a reporting company at this point. These actions, inactions have been explained away as "strategy". Keeoing the cards close to the vest, etc. There are simpler explanations and the stock value reflects what a lot of people perceive out there. HGRM is a tiny, non-reporting OTC company with a (possibly) big contracts from Russia. Russia. That's who they are.