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To: s martin who wrote (1306)	2/19/1998 10:59:00 PM
From: TideGlider	Respond to of 6528

maybe that isn't final yet and they just talked to him about it. Why not call him tomorrow. I have a meeting all morning tomorrow. TG

To: s martin who wrote (1306)	2/20/1998 6:27:00 AM
From: Ditchdigger	Read Replies (2) \| Respond to of 6528

s, one would assume that "an informal agreement for a private placement" of $300,000. did not occur,considering the company never filed an 8K. "This is the "current report" that is used to report the occurrence of any material events or corporate changes which are of importance to investors or security holders and previously have not been reported by the registrant. It provides more current information on certain specified events than would Forms 10-Q or 10-K." People can whine about a time frame for filing, but IMO their reasoning is BS. this press release was put out on June 24 1997, 8 Months ago. biz.yahoo.com Of course, if the company is in the habit of avoiding filings-the upcoming months should be very interesting for them..DD PS: filings cost money,does the company have the financial resources to cover the expense...? "Mr. Cayou stated that the company is working diligently to complete all of its filings with the SEC on an immediate basis." (from the recent "Fluff Release" #4) biz.yahoo.com IMO, this company better be careful-they may be sent to the penalty box...