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Gold/Mining/Energy : Brimstone Resources -- Ignore unavailable to you. Want to Upgrade?


To: Dev who wrote (3)12/1/1997 11:52:00 AM
From: James  Read Replies (1) | Respond to of 19
 
Looks like its only us on this one
Do you know how much cash they have left? Like we said, the stock has never done anything, but looking on the bright side, its also one of a very few that hasn't taken a real beating in this market (up to now).
Earlier this month, they got an extension for excercise of warrants @.65 to Jan 15, 1998. It is not inconcievable.



To: Dev who wrote (3)3/20/1998 3:08:00 PM
From: Sean Beingessner  Read Replies (1) | Respond to of 19
 
Is it a coincidence that the $351,000 from the Quest Bridge loan (January 30, 1998 press release) is exactly the same amount of money as Greystar is investing as given in the Greystar release yesterday?

Does this look like Mr. Rovig is just transferring $351,000 from Greystar to Brimstone so that Brimstone can cover the loan?

Anyone know what Brimstone's cash position and cash burn rate are?

I am a Greystar stockholder, and I am not a Brimstone stock holder. Do those of you who follow Brimstone see any reason why a Greystar stockholder should be in favour of this transaction?

Sean Beingessner