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To: Mr. K who wrote (1927)6/30/1998 2:40:00 AM
From: Randomm  Read Replies (1) | Respond to of 4230
 
Mr. K,
For a little clarification on post 1882. That was an old email I recieved from Sitra that I thought would be informative to post a second time around. I sent that email to him May 20th, so it is a little over a month old.

"Does it concern any of you that the number of shares outstanding goes from 7.2 million
to 8.363 million just like that. That's a +16% increase (or delution) without any
explanation by the company? If Great White is flush enough to be paying a $0.10 per
share dividend why is it necessary to do a 1.163 million share private placement???"

Yes, this concerns me quite a bit, as it should everyone. We as investors deserve to know what the actual float is.

My point was that the stock has climbed in the upward of 16% in the last two days and I would rather hear what Smith or Sitra have to say concerning the actual float size before I would sell my shares. Now if the stock was going down 16%.......... I'd keep the damn things anyways (been there, done that!!).

The fundamentals and virtually untapped market that TGSK is getting involved with still has me believing this is a great opportunity for investing. The addition of Bob Moody jr. as an outside director brings me even closer to that reality.

Yes, the float concerns me, but I have trust in Colin Smith and I look forward in hearing from him or Sitra on this matter. I would hope some time today.

Sincerely,

Randomm