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Microcap & Penny Stocks : Sinclare (SNCG) / cyberlinx -- Ignore unavailable to you. Want to Upgrade?


To: WhiteKnight who wrote (2637)10/25/1999 11:23:00 PM
From: Dee Jay  Read Replies (1) | Respond to of 2696
 
do you have the financing to refurbish the cars, yes or no?

Everything hinges on your getting the Entertainment/Hotel Complex in place but if the "40- TRAIN SLEEPER CAR MOBILE HOTEL" (as described by the appraisers) are required to provide the 80 rooms and you don't have the means of refurbishing them, much less transporting them to Vegas, what exactly do you have?

Yet you were advertising hotel rooms for $100 a night during the pre-New Years period for the Millenium celebration. You were advertising that you were accepting reservations for rooms you knew or had every reason to know would not exist in Las Vegas on December 31 since they hadn't been refurbished yet much less transported and sited on improved land in Las Vegas. What does that smell of?

So far you've only said that you have the estimates and you've shown some undated photo as to what they will look like or what they used to look like...It appears that you're waiting for a loan for more than $3 million and nothing happens until that's nailed down. And then you say that the SNCG stock worth over $6million will be issued - to whom and for what?

What price did you (Primm Valley) get from SNCG for the railcars and is the price that of the unimproved or refurbished cars?

There is a suggestion of self-dealing here, where Primm gets the cars (or an option to buy them) at a low price and they get "vended" to the public company you control, Sinclare, for millions more. The confusion can be cleared up if you respond to the questions with real answers, not bombast against the inquirer.

Has any money actually been paid out for the 40 rail cars, etc? By whom and to whom? Who was the seller of the defunct motel's assets that you purchased the cars from? ("Purchased" meaning title transferred from the seller to Primm and your 10% partner.)

What did Sinclare give you and your partner for Primm and its millions in assets you vended to Sinclare that should make the stock's price to appreciate rapidly, as you put it?

The problem is the propriety of you acquiring something privately (via your creature Primm Valley) and then selling it to the publicly-held company you control. This is called various things and regulatory agencies as well as shareholders do have an interest in such matters.

Then there is the problem of putting out press releases that may or may not be factually correct, sorta like that Neuropro Nevada outfit that you controlled and signed an agreement on behalf of with Hudson - except it never existed at any time. That fact seems to have saved your skin a tad but SNCG isn't Hudson management which isn't publicly-held.

Snivelling and snarling won't hide the fact that you have not answered legitimate questions on these matters. Why suddenly does the cat have your tongue?

As for the rubberized bags you show 2 photos but who knows what they really are? Who knows what's inside them and if they are what you purport them to be (coal containers) you still haven't shown that they can transport cement in the manner you have suggested as an economically practical matter.

And where did this "highly competitive cartel environment" come from that was never mentioned before, the one that is thwarting your efforts? Do you think I am part of that cartel?

And isn't "highly competitive cartel" something of an oxymoron? Like "military intelligence"?

And, Larry, the SEC alleged but the Judge judged - and you know what he said. You may be in denial but others may find those words important. For instance, can you get any surety or other bonds that may be required by Union Pacific or Amtrak or Talgo to guarantee Sinclare's performance if contracts are ever negotiated?

Dee Jay



To: WhiteKnight who wrote (2637)10/26/1999 3:30:00 AM
From: Dee Jay  Read Replies (1) | Respond to of 2696
 
Can't keep the stories straight, Larry? You just said in the post I'm replying to:
"The trains will be used as stationary hotel cars. They will be plumbed. They will not be used for travel. The 12 car train set that will be used for travel is already Amtrak certified and in fact was leased and operated by Amtrak for the past 4 years. We plan on 2 hour train rides. No one will sleep on the trains during the two hour rides."

Yet in the story about creating a feature film ("Midnight Train to Vegas") that will cover your startup of the Entertainment Complex you wrote:

"The train station will contain an antique train
museum, 60 party and casino cars and a 40-train sleeper car mobile hotel. The hotel may be chartered by conventions and private organizations to travel to Primm, Nevada where it plans to serve as Nevada's first and only casino train
. The train is a party train that plans to take Las Vegas tourists from the new Las Vegas Passanger Train Depot to the Primm Valley Resort and Casino at the California/Nevada border (fourty miles south of Las Vegas). The warm up party includes food, drink and a nostolgic golden age of train rides party
atmosphere. The 100-car passenger train contains private casino cars (leased and operated by the major Las Vegas casinos, buffet cars, dance cars, lounge cars, and of course the famous Pullman sleeper cars.

For a complete list and description of the train cars, click here to see illustrations..."

uscement.com

So just in July it was to be a 100 car rolling hotel/party/gaming complex including those 40 Pullman cars and now those 40 cars are going to be stationary, except you forgot to change your announcement somewhere along the way until I challenged you on the matter of the plumbing. Seems as if I flushed you out??? I know, I know, cheap shot!

Dee Jay