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

To: Leslie Tack who wrote (3324)	12/2/1999 2:48:00 PM
From: george eberting	Respond to of 3576

I sent Debi an e.mail with a half dozen questions. Kevin called me back in about 10 minutes. He referred to the "Never Ending Audit Story." Said he has top people working on it, including a former SEC attorney. A couple of unrelated reasons for the continuing delay. Most recent is that it will now include through Sept. 30th. My take was that we may not be done in time, but that everything that can be done is being done. And it's not entirely the Company's fault that we find ourselves in this position today. Still have expectations of getting paid by the Russians (any day). Still believe the 601 program will be implemented and that we will be a player in it. We're still doing regular business with previous customers. Two of the three large holographic packaging companies are scheduled to visit us in the next couple of weeks to look at our new technology. Good possibility of doing some significant business with them in the area of "smart packaging." Other proposals are winding their way through normal channels. Sounds like a normal company going through normal growing pains. I'm still comfortable with my not insignificant position.