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Microcap & Penny Stocks : DRGI (Diversified Resources Group) -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (538)	7/30/1999 4:34:00 PM
From: Chris Lords	Respond to of 818

"Still on the Rocks" Message 10699580

To: LANCE B who wrote (538)	7/30/1999 5:09:00 PM
From: Jim B	Read Replies (2) \| Respond to of 818

glad to know you didn't sell any after you saw the financials "in writing" as you personally requested be done.. and are still with us.. did you buy more at .12 or .13 on the dip; i did.. sure hope things get back in order next week... certainly a tough day to swallow... i leave for work and in 45mins lose about 40% of my portfolio because the PR wasn't very well thought out.. I don't think they are trying to scam anyone... if they were they'd have hidden the audit and never put it out for all to see they obviously wanted to show they are going to be upfront about issues.. should see a rebound to .15 at least on monday with news jim

To: LANCE B who wrote (538)	7/30/1999 6:08:00 PM
From: Jim B	Respond to of 818

---------- From the audit anyone notice this: "Management intends to restructure its product lines to generate desired levels of revenues and profit as it emerges from the bankruptcy proceedings discussed in Note 10. Thereafter, the Company intends to seek a merger with an existing, operating company." Notice the last line?

To: LANCE B who wrote (538)	7/30/1999 6:09:00 PM
From: carromill	Read Replies (1) \| Respond to of 818

LANCE..excellent opinion and probably "on the button"// also, distortion of signifigance regarding financial PR was a factor....but nothing has changed in my opinion, the near-future is still "BIGGGG" .Holding @ 130K shares

To: LANCE B who wrote (538)	7/31/1999 2:10:00 AM
From: Jim B	Respond to of 818

Another must read!!!! Subject: The DRGI RollerCoaster Date: 31 Jul 1999 05:45:56 -0000 From: "Pettycash Stock Picks" To: List Member Pettycash Stock Picks - First of all let me tell you that currently I have no position in DRGI... I have bought in at .09 out at .12, in again at .18 out at .16.. So I have basically broke even.. But I will be looking for a good entry point on Monday morning... And after reading this, I beleive you'll understand why I am getting back in... I had numerous conversations with several people concerning DRGI on Friday. I asked Mr. Carl Smith, Sr exactly what his intentions were concerning the posting of the Audited statements on the website and the release of the pr on Friday afternoon. He stated that his intentions were to "make absolutely sure there were no mis-understandings of the source of the large EPS" and that "given everything that would be released on DRGI in the coming weeks he did not want anyone to be able to question the intregrity of management." If you would like some clarification of the Cpa firm flap and a general understanding of "income from debt restructering", click here ragingbull.com I have a source that is outside of management and has proven he knows what is going on with the company. From discussions with him today here is a brief summary of what to expect from DRGI in the coming weeks: -Monday morning at or before the opening bell the company will release a pr stating the company has signed a contract with a NC LLC to purchase 607 acres of land in the Research Triangle area of Raleigh NC. The purchase will be closed in December of 1999, due to the original purchase by the LLC that called for them to hold the prop for one full year. The company will develop the property and sale parcels for a Golf Course, Hotel, residentail areas, etc... The parcel sales will be ongoing for the next 5 years and will net the company 5 mill a year. -The company has committments from several big name developers and they will release pr's as the final deals are signed for the land sales. -The letter of intent that was released early in this week has been finalized and should be made public in the coming days.. -They are in negiotions for more contracts with the battery division. One in particular is a very large deal and could be finalized as early as next week. The company is, through the land deal, basically guaranteed 5 mill in cash flow a year it was stated to me that with in the next two weeks we would know what they planned to use the cash for!!!! Congradulations to those of you that had the foresight and the kohounos to hold on to your shares during this very turbelent trading day!! For the rest of us, Monday will provide another opportunity to get back in.. Let's hope it doesn't gap in the am on Monday and we can still get in at this great level..... God Bless, Good Luck and as always Good Trading... pettycash To join the email list and get update on DRGI and other great undervalued companies go to: pettycash.listbot.com

To: LANCE B who wrote (538)	8/1/1999 12:28:00 PM
From: Jim B	Respond to of 818

Here's what I think.. and what I've heard some might do 1) buy DRGI at open monday for the "bounce" as it's clearly been oversold and people panicked.. if this was a "scam" we'd have had nothing to talk about this weekend and there wouldn't be so many constructive posts.. I'm willing to hear the negatives.. and there are a few.. but thus far the vast majority of negative posts have not had any substance.. re: I_LOVE_DGIV's posts -- in fact, he's helped show that there isn't truly anything new on the negative side that isn't already known here and accepted for a 12cent/stock 2) save some funds to buy DRGI IF (big IF) they can sign a contract either announcing a merger or a contract with a revenue stream... if I see that.. then I'm going to begin accumulating again.. and will pay over 20cents if needs be; meantime I'll buy up to 20cents.. but not over unless I see an announcement that will strengthen the future operations of this company jim