To: (Bob) Zumbrunnen who wrote (30553 ) 12/26/1997 11:29:00 PM From: michael d kugler Respond to of 55532
Bob, We have arrived at the moment of truth here. The company has stated the money would be here on the 24th. No one was there to answer the phone today, on what should have been a momentous day in the history of the company. Pugs seems to say the money is already there. I have no idea where Pugs gets his information, but so much of what he has rabidly asserted has turned out to be patently false. I guess we'll find out on Monday. The company can't avoid the issue for very long, IMHO. Shareholders who bought after August 21 are sitting on losses. It seems likely that until the money and the financials are duly presented, the losses will continue. It seems unlikely that the fianncials will be completed by the end of the trading halt. You can bet any CPA firm willing to sign off on fiancials that the SEC is anxiosly awaiting for, will want nothing but the squeakiest of cleanliness. It could prove to be a daunting task. I have a hard time believing that the newest employee is telling people that there is a Hialeah operation. It must mean she is being told that by management. If she is giving out informtion, the onus would have to be squarely on Morgan and Breton to make sure her statements are absolutely true, particularly in light of SEC scrutiny. It would be unfair to Lori IMHO to believe she learned about RMIL's operations off a brochure. We've got Pugs and Riley in a definite lather, stepping up their personal attacks and threats, as the reality of a rather desperate situation settles in. Many previous supporters have, justifiably IMHO, chosen to sit on the sidelines. At times, their decisions to discontinue a long position have been met with derision, and their character suddenly impugned. You've seen this before as well. The fundamentals and reality usually catch up with the hype. It appears we are at that juncture now.