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Gold/Mining/Energy : GMD RESOURCE -- Ignore unavailable to you. Want to Upgrade?


To: George who wrote (706)4/1/1998 7:32:00 PM
From: VAUGHN  Read Replies (2) | Respond to of 1030
 
Dear David

Is GMD in the loan business? If it is, please let me know, I would like one of these discounted babies as well.

So what happened? Did Farrel & LMX plead no $$? Where are the loan $$'s? Why can they not be returned/repaid NOW or the assets purchased with them transferred to GMD?

Why should GMD & shareholders put their development plans on go slow or hold for two years?

Why can't LMX shares of equivalent value be transferred to GMD for sale now? Why hold them as security?

Why can't Farrel Financial assets be transferred to GMD for sale now?

If loans can not be repaid now, why is Farrell not under arrest for misappropriation of company funds and/or embezzlement? Why are his assets not seized and liquidated?

Why are GMD shareholders being penalized rather than LMX shareholders?

Without a reasonable and detailed explanation David, I might suggest that shareholders and the market may well tar you with the same brush as your predecessor.

Regards