Viking Sucks.....more posts:
Subject: Land ownership
Date: Wed, Jul 1, 1998 22:36 EDT
From: Jaeger8888
Message-id: <1998070202364800.WAA01601@ladder03.news.aol.com>
I'm as pissed as anybody but don't try to make it look bleaker than it already is. The press release says
"However, it must be stressed that a purchase contract between the current owners -- Broad Cove Enterprises and Broad Cove Colony has been signed. The title transfer is scheduled for mid-July with an immediate resale to the parties who have presented the $31 million offer. Since Kuhr as president of Broad Cove Colony has decided to accept this offer..."
From the way it is stated, it implies the land was jointly owned, Kuhr had to fork out additional funds to puchase the land owned by Broad Cove Enterprises and then sell the property as a whole to the buyer. To those who may be confused please re-read the statement carefully and go back to previous press release where Viking stated that they had increase their holdings in the property. This at least jives with the previous press release. This may be
our only salvation.
And for a change there are specifics. Check the land as stated in the press release. Don't accept anyones statements. Check it for yourself before making a judgement. Anyone on Long Island who can verify this.
Linda, again if you're reading this please clarify.
------------------------------------------------------------------
Subject: Re: Land ownership
Date: Wed, Jul 1, 1998 23:19 EDT
From: LFELLA
Message-id: <1998070203192700.XAA08909@ladder01.news.aol.com>
Now that the bs is out on the table for examination, everyone can decide to bail or stay and hope to build on what is left, if anything. At this time Viking has only two ways to go. Either close the deals you still have available, and make financial sense, thus showing your investors that you are worth continuing to invest in, or continue as you are, which is back at square one from a year ago and fold up your tent
because no one, not even stupid me will be investing any more in this circle jerk. I, continuing to show my stupidity and hard headness, will continue to support your efforts and hope the hell Mr. Kuhr can show us that he can close a deal and not just talk about it. Mr. Kuhr, look in the mirror when you are trying to determine why you are nowhere a year later. It is one thing to negotiate and begin a transaction, it's another to close one. I'm in
the real estate business and would suggest that talk is cheap, closing is everything. The shareholders, the market makers, and anyone else you want to blame is not the way to indear yourself with the shareholders. Take responsibility, focus and get the job done. That is the way to take care of the shareholders and the price of the stock.
Thanks for listening! (I'm only down $67,000 today, and based on your efforts headed for more tomorrow)
Gary
-------------------------------------------------------------------
Subject: April 27press release
Date: Wed, Jul 1, 1998 23:52 EDT
From: WPK67
Message-id: <1998070203523100.XAA13720@ladder01.news.aol.com>
This news letter states vikg was to increase its position in Broad Cove from 56% to 80%. They led us to believe that they already have ownership of the property and that they were only increasing their position! This now confirms that they had "intent to deceive" shareholders. Reread this new of April 27 and tell me they were being straight with us! I will be talking with my lawyer tomorrow. I will let him decide if I have a case.
Someone else other than EDcop please reply.
-------------------------------------------------------------------
Subject: Re: April 27press release
Date: Thu, Jul 2, 1998 00:14 EDT
From: LFELLA
Message-id: <1998070204141200.AAA15901@ladder03.news.aol.com>
WPK - I'm not sure from what we know, that there isn't an agreement in place that identifies that ownership position. The fact that the title doesn't indicate that ownership doesn't mean it doesn't exist throught some other agreement. I could own 100% by title but have a side agreement that grants you 80% of that ownership position. The way this is written, it would suggest that is the case. I agree, it isn't very
clear. My understanding of the earlier announcement is that Kuhr had put his ownerhip position into Viking's assets and that later they increased the position. Title certainly does not have to indicate this, just an agreement between the parties. Could have held in another name for tax purposes until disposition of the property was determined. We will see.
------------------------------------------------------------------
Subject: May 22 new release
Date: Thu, Jul 2, 1998 00:18 EDT
From: WPK67
Message-id: <1998070204181600.AAA17242@ladder01.news.aol.com>
Reread this one:"Based on the terms of the signed definitive agreement between Viking and the European company, the release of the name of the acquisition will occur following the upcoming meeting to finalize the transition and allow for an orderly changeover of ownership". DEAD DEAD DEAD SCAM SCAM SCAM
-Broad Cove Colony: Reviewing offer of 31 mil for prime real estate. Find out today they don't even own the land yet. O YA by May 28 title work to be finished! I think they must of used VIKING TITLE CO. and they are probably out of business by now. Sell property before you buy, this is the smart way to make money! The cart before the horse syndrome.
EPI: Who? What?When?Why?With what money?
Juleon: This is a trucker who you can reach only by using your old CB RADIO!
10-4-GOOD BUDDY Lets let the trucker run this million dollar company!
Someone prove me wrong!
-------------------------------------------------------------------
Subject: April 24 news release
Date: Thu, Jul 2, 1998 00:24 EDT
From: WPK67
Message-id: <1998070204244000.AAA17267@ladder03.news.aol.com>
Reread this one: Why is the European deal dead after 25mil was paid?
Where is this money now?
-----------------------------------------------------------------
Subject: Re: May 22 new release
Date: Thu, Jul 2, 1998 00:28 EDT
From: LFELLA
Message-id: <1998070204280300.AAA18485@ladder01.news.aol.com>
Only Gerald Kuhr can do that! These are his deals. Don't believe Dan E. has been involved in the negotiations. All being handled out of N.Y. Kuhr will either save this company by doing what he was brought aboard to do and said he would do, or he will bury it. My money, I mean Loses, are on Kuhr.
-------------------------------------------------------------------
Subject: July 1 press release
Date: Thu, Jul 2, 1998 01:23 EDT
From: WPK67
Message-id: <1998070205232500.BAA24174@ladder03.news.aol.com>
I'm getting tired of typing at this computer so I will go easy on this press release. It is self explanitory! Our big hopes for VIKG have hit a wall. A bank will not even give us a loan so we can move forward with our pipe dream company! Do you think the loan officer laughed at Dan or Gerry when they sat down at the Bank with all these nicely written press releases( that got us chasing our tails). The banks must have been to hard on
these guys! Don't they know about all the pending deals in the works. And how were going to sell property that we don't own yet, and make millions on it. Those stupid bankers, they only want facts. Our good story only got us a free cup of coffee. We will however, find a bank that will buy our story and give us a big loan so we can move forward. We shall see!! To be continued
|
