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


To: David Fedorkiw who wrote (1363)12/19/1997 5:44:00 PM
From: Roger G. Budgell  Read Replies (4) | Respond to of 5164
 
David: It's an excellent question and I do not have an answer. But let me tell the group what I've heard - this is a repeat of what I've been told . I sspoke to a very close friend who has a substantial number of shares in SGI - 10's of thousands. He stated that he was inadvertently told that SGI was looking for a new MM one month before the word leaked out. Lets recap were we have gone in begging someone to have us either listed or sell our shares through a MM.

We werer halted at least twice before the VSE would not allow any further trading by SGI shares. We contracted to have a company(I've since fforgot its name) to make application to get us reinstated. They for whatever reason pulled out a week before the report was due to the VSE. Merit was paid money to do the same but was unsuccessful. SGI then decided that they could not get listed on a Canadian Exchange hence went to a MM to get us liste on the NASDAQ. Remember we were told 2 to 3 weeks. That was back in Sept. I was told that the MM withdrew because did not want to take the risk. We now have been dealing with the second MM for about a monhth. I wonder how long it will before he will run away and we seek another?

For what its worth I heard that the BC Securities Commision forced SGI to put out News Releases. SGI has since withdrawn from the VSE hence they cannot put any further pressure on SGI.

I contacted Mr. Hart and I got the Same o Same O. I've tried contacting Mr. Harris who had an agreement in principle with SGI but this agrreement has more loopholes than a sieve.

I feel that we are treated like mushrooms - kept in the dark and sxxt upon. From here on in, Unless something good breaks, I will direct my efforts to seeking the truth.If this means taking to the FP, G&M or whomever rest assured I will be working on it. THIS IS NOT A THREAT BUT A PROMISE.

If this message sounds like I'm P*&^8( then you are correct.

Have a Merry Xmas and a Happy New Year.