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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Chuca Marsh who wrote (1140)	8/30/1999 10:25:00 AM
From: Ga Bard	Respond to of 2392

I do not believe I have ever seen a poster than can post so much and NEVER make any sense. I do not have clue at what you are saying. SO whatever is the only response I can give. It is out of our hands Chuck ... The real world has it ... not the internet. :-) GB

To: Chuca Marsh who wrote (1140)	8/30/1999 10:26:00 AM
From: STOCKWOLF	Respond to of 2392

Chuca, NIce post, lots of writing. What does it mean?? I have no idea! God only knows!! StockWolf

To: Chuca Marsh who wrote (1140)	8/30/1999 10:55:00 AM
From: Jeffrey S. Mitchell	Read Replies (3) \| Respond to of 2392

Hey, Chucka, told ya Ga Bard was good. That's why he's so sought after as a paid stock promoter. As for HABE ownership in ORXX, let's do some math: 23.3M are issued and outstanding - 300K were issued in a 504 - 8M were issued for the shell ===== 15M was thus the issued prior to the shell purchase Ga Bard is arguing that because the announcement of HABE getting 10% predated the announcement of the shell being purchased for 8M shares, that HABE got 10% of the 15M, or 1.5M. Therefore, several days later, after the shell was purchased, HABE's ownership became 1.5/23=6.5%. That's a 33% loss to dilution in the blink of an eye! And Ga Bard wants us to believe HABE agreed to such a thing... that HABE did not know that ORXX was intending to purchase a shell?! So, to summarize, according to Ga Bard, one the following two scenarios applies: A. HABE agreed to 10% of a company knowing full-well they would lose 33% of their ownership a few days later, or B. HABE, the company with the magic formula so vital to ORXX's existence, got screwed over by ORXX Yep, this Ga Bard is a real professional... - Jeff