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Non-Tech : Palweb Corp (PAEB) -- Ignore unavailable to you. Want to Upgrade?

To: don denson who wrote (2464)	5/3/2000 7:11:00 PM
From: Dallas	Read Replies (1) \| Respond to of 2512

To all that look here from RB board there is a lot I would like to comment about , but feel that it would just fire up more on the RB board . 1. Everyone that ever met MJ couldn't help but like the guy...energetic personable and intelligent .. full of ideas and enthusiasm. Just what is needed to get a new idea to market, and he did get it going. Women often have their children of men like this but divorce them to have someone more stable help them raise them...good comparison for the company. 2. It's very sad that he had to sell the shares he had in Palweb to continue his lifestyle and plunge headlong into his next venture. But that's his style ...nothing half way. 3. I would guess that his current frustration has to do with what he thought he might have coming through padded preferred stock and maybe a job or commissions from Vimonta. 4. The Vimonta deal was heavily slanted toward Vimonta's owners. They set up a new company with no value at all, gave themselves stock out of the 50 shares. One, M. Jung, sold 10 shares to MJ for 15,000,000 shares of Cabec valued at over $3,000,000 . And MJ promised rights to manufacture and sell machinery world wide . He gave it ALL away and what was Cabec to get? 20% of profits! Now, everyone knows that profits may never show up. Sweet deal for MJ's friends! At the time when questioned at the stock holders meeting , he said it was 20% of gross and only in Europe...when did this change? Doesn't matter, it was a lousey deal. It wasn't 20% is better than nothing! it was 20 % of nothing for everything. The truth is in the filing...maybe I read it wrong..if so correct me. 5. Paul Kruger's unraveling of all the debt and the stock that went here, there, and everywhere should be commended . If he had to work deals to get it straight , more power to him. He probably could have taken Ron Hale to a garage somewhere and built this thing faster. I for one, am looking forward to the day when the pallets are in production, and all that stock that is held by MJ and his friends gets through being dumped. 6. I would rather not post this , and will probably let this sit for awhile before I hit the 'submit" button. But, the facts are certainly being scrambled..and Michael needs to go work in a soup kitchen for awhile, get a sense of giving, find out what poor really is, and most of all to get off the internet.