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To: Mitch who wrote (1550)	6/16/1998 9:48:00 PM
From: jhild	Respond to of 11684

Mitch that is an interesting theory as far as it goes. I don't consider myself a naysayer. And I have no agenda with the group that you mentioned either. Nor have I ever posted on the thread that you mentioned. But other than that you do make an excellent point about this being a faith in management stock. Historically it has been extremely difficult to make a case for the management of this company to have been considered strong. They have had more than the usual share of reverse mergers and reverse stock splits. These are not stockholder friendly events. Taking the management at their word would be easier when the papers get filed indicating that the old management has been removed. Since the board of directors has necessarily met and new officers have been installed, if what we have been told to date is true, then the corporate records should have been updated in Nevada. They have not, only the name change is filed. So where does that leave us? For me there is a credibility gap on this issue. If what they have said about this is not true then what other things may not be true as well?

To: Mitch who wrote (1550)	6/16/1998 10:37:00 PM
From: Mr. Forthright	Read Replies (2) \| Respond to of 11684

Mitch how do you get to a $2.85 book value?