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To: Hawkmoon who wrote (5)3/1/1998 4:49:00 PM
From: William Nelson  Respond to of 56
 
Why go public in this weird way? If they really want to go on
the acquisition trail like they say, they should have had a real
IPO that got them real cash. I also don't understand what they
are lacking for NASDAQ listing. A distributor should have plenty
of assets, and if SEC filing is the problem we should be very afraid.



To: Hawkmoon who wrote (5)3/1/1998 7:01:00 PM
From: Russ Howard  Read Replies (1) | Respond to of 56
 
That's the big question...What does this company actually do? They "distribute" other mfg's products. That's fine, if the market is going well for those products, but...I have these questions:

--What do we know of the shell company, and its assets?

--How much of TGSK's impressive bottom line was a direct result of the reverse merger, and not results from operations? Since they havn't been a reporting company, there are few ways to know if this is "growth", and if it is sustainable.

--My searching has yet to turn up any corporate info on Arctic Cat. How are they doing, and what type of margin are they allowing their distributers, like TGSK?

The numbers looked great, and the hungry part of me wants to jump in, but the questions are there, nonetheless.

TIA for any additional info..

PS: Mr. Purcell, any response from your previously mentioned email ?