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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?

To: David W. Tucker who wrote (226)	11/28/1997 9:12:00 PM
From: Due Diligence	Read Replies (1) \| Respond to of 441

What is your problem? You should get your facts straight before you post.Are you the same guy that said "B*** IS TANKING". Are you short on that one our do you like to yell "FIRE"? Enuff'said! Jimbo

To: David W. Tucker who wrote (226)	11/28/1997 9:13:00 PM
From: C. Riley	Read Replies (4) \| Respond to of 441

Perhaps Jeff meant that Noram is in full SEC reporting compliance. Because the cost of an independent public audit would impose an undue burden on a small company, the SEC permits such companies to file unaudited reports. In the penny stock world, where many companies don't file ANY report of ANY type, audited or unaudited, Noram is ahead of the pack. The larger Noram grows, a rigorous audit with each filing will be the norm. It very well could be that Noram is now having all filings audited from this point on, but that would certainly be above and beyond the SEC requirements for a small company. Until such time, investors rely on the fact that a company's officers and directors would be held criminally liable and subject to federal prosecution for any false or misleading statements in any SEC filing. That's what makes a penny stock a penny stock - a smaller company, less regulation, higher risk, higher reward. A small company would never make it otherwise. In my opinion, Noram's management team is hard working and honest. Jeff means well, but with BOBZ (and SI), it's easy to say something you don't mean or is badly worded (and get brutally rebuked for it). As I said before, Jeff is new at all this. He was hired for business development, not for his public accounting skills or his silver tongue. With all the watchful eyes on this company, words won't slip too far before getting brought back in line. That's what makes SI and everyone's comments so valuable!