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Non-Tech : Am.United Global, Inc. (AUGI) -- Ignore unavailable to you. Want to Upgrade?


To: Don Rockway who wrote (1600)1/13/1998 1:34:00 PM
From: JEFF CHAPMAN  Respond to of 2065
 
And you'll be voting to extend Rubin's contract w/AUGI which expires in July of '98 and will be extended with annual base compensation raises of over 10% on average into the year 2001, not to mention the $1 million dollar loan that is due the same time that Rubin secured from the co. @ 1% over prime with only 150,000 AUGI shares used as collateral. After reading a good portion of the filing, I'm convinced that AUGI's assets are worth less than the movie rights to document this joke of a company and joke of a CEO... Sounds like Exodus will be another company that AUGI will 'write off' in a couple of months. Rubin has truly proclaimed his idiocy, and if shareholders don't run him out of town, they will one up him (of course this would mean he defaults on his loan, but I think a majority of shareholders would agree that $1 million is a small price to pay to remove this ignorant cancer!)...

here's the link:
edgar-online.com



To: Don Rockway who wrote (1600)1/13/1998 2:45:00 PM
From: Michael Paul Langley  Respond to of 2065
 
Venue appears appropriate for the topic at hand doesn't it! Maybe management will buy a round a drinks or two for shareholders before the meeting. Let's all make a guess as to what management's explaination of their recent technology acquisition debacles and their strategic plans for the future are.

My guess for Rubin: Goal is to serve on the board of every questionable bulletin board stock for a % of their outstanding stock AND to make unlimited questionable intercompany loans between the involved firms.