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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock -- Ignore unavailable to you. Want to Upgrade?

To: Leigh McBain who wrote (1462)	7/8/1998 2:07:00 PM
From: Wink	Respond to of 2011

Leigh, as usual thanks for quick and insightful view on this issue. ;>)

To: Leigh McBain who wrote (1462)	7/9/1998 6:07:00 PM
From: Gene Veinotte	Read Replies (2) \| Respond to of 2011

I liked your original version better, Leigh, didn't it go something like this: Howdy-doo Wink, this hyar offen happens, as was suggested in an earlier postin', jest befo'e sumpin of greater significance is about t'occur. Yo' hafta admit thet eff'n yo' were one of th' indivijools who is holdin' them warrants, yo''d pleased t'be han'ed an oppo'tunity of this hyar nature. Th' mos' trimenjus item of significance, thet ah can see, is thet it fo'ces th' warrant holders t'exehansum quickly upon a sestained uppurn, as enny fool kin plainly see. This hyar junerates cash fo' th' compenny in a time frame th' compenny kin bank on, postibly t'be used as it is acquired o' t'be used t'he'p acquire some fo'm of bridge financin' t'complete a deal, ah reckon. In addishun, th' extenshun itse'f puts th' compenny in a fine light, fum a future investo''s perspeckive, on account o' they haf made an effo't t'ensure profitability fo' th' investo'. Then thar is th' potential impack on us, th' "regular" shareholder. Th' negative is th' dilushun facko', th' positive is th' likelihood thet it was done fo' a mo' trimenjus reason, ah reckon. Thet bein' t'junerate th' cash t'complete sumpin else. Keep in mind thet this hyar is jest me makin' some assumpshuns/guesses, this hyar is NOT known fack. Jest mah thunks an' opinions. Salut, Leigh McBain P.S. You do have a way with words!

To: Leigh McBain who wrote (1462)	7/9/1998 9:43:00 PM
From: Ryan	Read Replies (1) \| Respond to of 2011

Leigh, I'm glad you're still optimistic and believe the company is doing things the right way. I'm not so sure I feel the same way. My guess is that mgmt. (ie. Ron Kalfon) are getting a lot of flack from those who took the placement at 0.90 and want it repriced. Those connected to Ron Kalfon are heard a lot louder than you or I. So they get their warrants repriced and Ron saves face with them. What about you and I and all the other investors that have supported the co. over the previous couple of years. We are faced with future dilution....not a good deal as far as I'm concerned. As for requiring the finances, it's been many quarters that we have been waiting for positive cash flow. Taylor rigs have announced positive earnings, so why the cash crunch?? $570,000 is supposedly peanuts to this co. but a 2,000,000 share dilution is not. I haven't sold but am pretty annoyed by the fact the mgmt. chose to say they would update us in a timely manner a few months ago and instead have chosen to stick their heads in the sand. The share price wouldn't be sub 30 cents if people could learn to trust the mgmt. They seem to have the direction but really lack in the public relations dept. -Ryan