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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (3054)	2/20/1998 7:42:00 AM
From: Lionel Gosselin	Read Replies (3) \| Respond to of 4571

In response to the gold revenues and where are they?? BCMD had approximate Gold revenue of $75,000 to $90,000 for the quarter which has been posted against expenses. This is the accounting procedure which has been used in the past. There will be a change in accounting procedure at the year end. The reason that the accounting has been set up this way is because BCMD has never generated enough revenues to be profitable and all gold sales previous were posted against expenses. Note also there was $31,670 in inventory, which is jewellery grade gold not yet sold. The stockpiled ore has not been included in inventory. Lionel

To: Roebear who wrote (3054)	2/21/1998 9:48:00 AM
From: Lord Smooth	Respond to of 4571

There is nothing confusing by the fact that BCMD is issuing shares to pay for services. We are now at 47 million shares outstanding. Furthermore, during November and December the company issued more private placement shares at well below market price. Who knew this? Not me. I bet a few people on this thread knew at the time but did not share this info. Shows this thread is totally worthless, and worse, misleading. Don't listen to the heavy hitters on this thread. They are worse than illiterate hypers. LOL. What a joke this company is. How pathetic that I actaully own some shares in this company. S