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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?


To: Mark Marcellus who wrote (3808)3/19/2001 1:38:04 AM
From: DanZ  Read Replies (1) | Respond to of 5582
 
The revenue and expenses of publicly traded companies must be reported to Shareholders regardless of whether they come from joint ventures or direct sales of the company's products. Gum Tech reports the results of their Gel Tech joint venture in just as great of detail as sales of their own gum products. Who are you kidding, Mark?

As for Gary, it makes no sense for him to remain with Gum Tech after they sell their gum manufacturing operations to Wrigley. His expertise is in gum manufacturing, not biotechnology or drug delivery, which is where the company is heading. In addition, Gary is important to the Swedish Match joint venture, and I'm sure that they want him where the gum is being made. You look mighty foolish and biased when you put a negative spin on each and every thing that Gum Tech does, especially when it is so obvious that you are really reaching.

The stock that Wrigley bought will be issued by the company. You can verify this with the CFO if you wish. Yeah, I'm sure that a conservative company with a high regard for their reputation like WWY wants to piss away $2 million on some POS scam stock, right? I'm waiting for the ludicrous negative spin on this from you and the rest of the bashers.



To: Mark Marcellus who wrote (3808)3/19/2001 8:57:53 AM
From: Mike M  Read Replies (1) | Respond to of 5582
 
The company doesn't mind answering that question. It is, of course treasury stock and adds nearly $2M more to the company's books. LOL... Neither Gary nor anyone else has 200K shares to sell.

Thanks, I will take your suggestion under advisement. One thing you can be sure of and that is I will be visiting the new headquarters and get to know the new management when the time is appropriate.