To: Rich_1 who wrote (2939 ) 6/8/1998 10:11:00 AM From: tonto Respond to of 6528
To: +The Ditchdigger (2935 ) From: +Rich_1 Wednesday, Jun 3 1998 5:07PM ET Reply # of 3292 Ditch, the Neysayers will always say that its the insiders selling. How about this question. Who the hell is doing all the buying and why? If what we saw today was not the work of the MMs and/or shortsellers, than I would expect that those buying today are not through buying and will continue again tomorrow. I also doubt that insiders would sell at these rediculous prices especially if they have confidence in their plan as stated in the last 8K and PR. I also believe that the older insider shares given to Steve Cayou and Liberty Capitol have probably been absorbed in the market when the price stayed around a dime for quite awhile. I also believe, per the 8K, that any new shares given to the old management and new management are restricted for a period of time under certain conditions or milestones are met as a result of the merger. The only insider shares that could be sold are those destined for Agression Sports including the $100K. We already got wind that Raabe was setting up to sell some 2.5 million shares through PI. IMO, I doubt that he would have sold any of these today since he too believes that TVSI's price is extremely undervalued and under quite a bit of manipulation. Also, this would also undermine the confidence that he has that his company is no longer a shell. Also, I doubt that he would sell if, in fact, he has an excellent short term plan as we all anticipate for giving significant shareholder value through upcoming announcements. We will have to wait and find out. Once again, I wonder where all the significant buying came from today and why? Rich_1 Rich, you and Pugs made various posts regarding my post about the 2,500,000 shares sold. Pugs diverted the actual action by explaining it was for acquisition purposes out of the shares issued for that purpose, while you posted you doubted he would sell since it would undermine the confidence... Why Pacific International of all companies? More shareholders hopefully will have additional contact with Raabe and learn more. This appears to have some legs for a momo, and you don't need any additional surprises. Good luck.