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To: sibe who wrote (5669)4/16/1998 6:53:00 PM
From: Robert K. Sims  Read Replies (1) | Respond to of 10786
 
sibe,

Just for the record it looks like you've cut a deal with someone else such as a mutual fund and are intentionally withholding news that could make the stock fly. There is no reason for this kind of volume with out price fluctuation otherwise. Maybe you're letting them load up at this price so you don't have to do a secondary offering soon, maybe not. No one knows for sure except you and a chosen few. If in fact this is what you are doing then it's WRONG.

I'm not charging anything in this statement and hope it doesn't look like I have accused anyone of anything. All of the above is just an opinion.

We have seen sales of this stock go off at fixed prices before in pre-determined deals. There is absolutely no fact that substantiate my statement. I'm just thinking about the private placement of this stock and some of the ups and downs we've had to go through. I was thinking that a mutural fund could load up at this price and maybe they could or would report on the company. I haven't a clue what goes on behind the scene with market makers and mutural funds. Sometimes I just feel like a little manipulation goes on. I shouldn't have thought Mr. Gruder would have had anything to do with it. I said that because he has made some side deals before though.

What I said was that it looks like you've cut a deal with someone else such as a mutual fund".... this was just a frustrated opinion. I wish I knew the facts.

Robert

PS Mr. Gruder, I'm not accusing you of anything and if it sounded like I was I retract that statement. My apologies. I'm just frustrated that my friends are loosing their money when I think you hold the key to their success.