To: Chuck Rubin who wrote (1503 ) 7/20/1998 9:45:00 PM From: Leigh McBain Read Replies (4) | Respond to of 2011
Nothing personal guys, but I do have my money on the table. I have been here pretty much as long as any and I do attempt to impart the frustration of the shareholders, myself included, on the company when the opportunity arises. However, at this particular juncture, there is NOT a whole hell of a lot I can do that I haven't already done. So in the short term, I don't happen to believe that a small touch of levity will hurt anything and maybe it helps to vent a bit of the frustration. It is not as if we don't, on this thread, attempt to actually stay on top of what is happening to us. As far as the company going down the toilet, I still don't believe that that is the case. The financials are indeed delinquent, as is the filing fee, however I have (on good authority) that the auditors are still indeed active. As for the deal/merger/JV, it is something that is basically gravy, it is NOT what hardly any of bought into this company as a result of or expecting. We are here because we believe that Alamo and Taylor Rigs, etc. have a chance to make this a real company and would submit to you that thus far it still appears that that is happening. So if you are looking for a bite on reality, try that mouthful. So far we have a group we know are working on a fairly significant business venture and they have gone into cocoon mode, this is not exactly a surprise, it may not be what we wished for, but it's NO surprise. We have a company that is delinquent, this is NOT exactly a unique scenario either and it by no means signifies the end of the company. I can't and won't guarantee you that the company is all hunky dorey, but we have not seen any major events to suggest it's demise. Salut, Leigh McBain