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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (1306)	12/3/1997 3:34:00 PM
From: Gene Veinotte	Read Replies (1) \| Respond to of 5164

Maybe they are waiting for all the shorts to cover! Then the report would be easy.

To: Cheeky Kid who wrote (1306)	12/3/1997 6:19:00 PM
From: TMAZZ	Read Replies (1) \| Respond to of 5164

Cheeky is our private chat still working? To everyone why don't we close the lid on the VSE they are history, SUNGOLD is moving on. Donald, based on the new news release do you know if the figures that were once tally for Sungold by Ted Carter are still valid? For that matter does anyone know? Best Regards Tony Mazz

To: Cheeky Kid who wrote (1306)	12/3/1997 8:07:00 PM
From: John Lawrence	Respond to of 5164

Cheeky: re. short margins for unlisted companies The Canadian Securities Course text says that unlisted companies with share values over $0.50 have to be carried with a 200% margin. It also says that the money put up for margin when the stock is first borrowed is made available to the loaner. In the case where a brokerage borrowed shares in house or from one of their accounts, the margin money would essentially be usable by the house - so the margin would be in name only. But if house 1 had to borrow from house 2, then house 2 would hold the margin money and be able to use it. House 2 is not going to give the margin back until the shares are returned - regardless of whether the stock is halted, listed or trading. Sungold is still a legally registered company, and our shares still represent equity in the company. The CSC text also says that the exchanges monitor margins accounts for listed and unlisted shares. (All of the above is meaningless if short sales have not been reported, although the regulations say that all short sales have to be reported)