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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR) -- Ignore unavailable to you. Want to Upgrade?

To: Dan Thomas who wrote (692)	1/22/1998 11:21:00 AM
From: Bob Sokol	Respond to of 1651

>>I found the AOL post How about reprinting it here for us. I love a good soap-opera and we're not getting any real news from the company... Half a day trading gone by, 900 shares traded...

To: Dan Thomas who wrote (692)	1/26/1998 8:54:00 AM
From: William E. Harriot	Read Replies (4) \| Respond to of 1651

Dan and all, On Monday, 19 Jan, I spent a couple of hours with Tony Wellwood at the new Las Vegas Chadmoore office at 2875 E. Patrick Lane, (702)740-5633. It has about three times the space as did their old office a couple of miles on the other side of the airport. First impressions were generally good. The new office will afford Chadmoore some growing space. I saw about ten people, seemingly busily employed, intent on making the operation successful. There appear to be high expectations within this arena. To answer your questions, Dan, Chadmoore will employ vehicle tracking service using the global positioning system and satellites, but they don't expect this will be a big revenue generator. They don't expect to build out any more of the markets they were pressed to construct prior to the 20 Nov 97 deadline. These licenses will be used for collateral, trading, and other general purposes. Chadmoore continues to construct other markets it has acquired since 20 Nov but there is no prediction as to how many more markets will be acquired. Which contractors to be used to assist in the build-outs is confidential. Tony could not give out anticipated year end revenue figures which will be published in the annual report, due out by about March, but he indicated that there should be a satisfactory increase over 1996. He felt the real jump should happen by the end of 1998 and that expectations are high that Chadmoore can generate black ink in about two years. Chadmoore is in its final stages of approving an analog "push to talk" marketing campaign under a subsidiary name, saving the Chadmoore name for the bigger future picture. Intrestingly, when asked about the new convertable preferred issue with warrants, Tony wasn't aware of it. It seems Chadmore would need to generate funds to pay staff salaries and rent at their new, more expensive location. Is Chadmore being overly optimistic about future revenues? Therein lies the risk of the shareholders. The annual report should give an indication as to whether or not the company is on track. Tony indicated that a newswire can be expected shortly to brief the world on these latest Chadmoore developments. My inclination, base loosly on racetrack experience, is that if the stable thinks the horse can win, it's worth a bet. I have yet, however, to see any insider buying of the stock. It will be something to watch for following publication of the annual report. You can e-mail Tony or Allison with specific questions at "webmaster@chadmoore.com". Hope this information helps. Bill