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To: BamaReb who wrote (8789)6/17/1998 2:47:00 AM
From: taxikid  Respond to of 11888
 
i did not get the doc that you linked to. i got long sec filings..
what specifically were you looking @
taxi



To: BamaReb who wrote (8789)6/17/1998 8:27:00 AM
From: DRRISK  Read Replies (1) | Respond to of 11888
 
Bama,
This has been stinking up the stock since late april. It is the registration of the "equity financing" with the Hunts and represents the ability of the company to shove shares at them for $2.03. The fact that it is finally confirmed is no big news. It is the vehicle that unconnected people take to finance high risk ventures when they are unable to carry the ball more conventionally.

GF has moved on to the late 1990's version of RegS and has screwed the share price in the interim. He reasons that he will now have bought enough time to leverage himself into a better vehicle that will take out the Hunts and save the day. He also has demonstrated to a JV that he has the money to drill aiding in the negotiations with them. This part remains to be seen. IMHO the pressure on the stock to the down side is over. Now we need some pressure in the opposite direction.

DrRisk