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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (8365)	7/24/1998 5:35:00 PM
From: HK Boner	Read Replies (4) \| Respond to of 11708

Trader Greg - Steve1 - Dave Smith et al, Fellas, we continue to be understanding of your wariness and certainly we respect your caution, however your pompous arrogance is a little hard to swallow. In fact, your wanton disregard for the evidentiary proof offered by your fellow shareholders would lead some people to think you may be alias sponsored by CSMA, however, we choose not to believe that. What we really feel is that maybe you got into a bad deal and your just trying to do what you can to salvage what you have left. We'll continue to be naive a little longer. We now note that a few of you are asking why don't we take this to court. I don't wish to be condescending, but don't you feel that the answer is pretty obvious. Ever since 1995, when the H. K. Elrod team took over this company, it has been in litigation with somebody over something continuously, and has floundered badly. At one time it was stated by management that the reason CSMA could not file its form 10 and register the 2,640,000 shares it agreed to register in the LPS Agreement , was because of prior litigation and that the only way to honor the agreement was to merge with a reporting company. That's CSMA's management talking not HK Boner et al. There were (8) witnesses and they are all prepared to testify as to the authenticity of the LPS Agreements. We just realized! Maybe it isn't obvious to everyone, why we don't take this to court. A few of the reasons included in our thoughts were as follows: 1. Costly litigation will bankrupt CSMA and every shareholder (you and us) is left with nothing. 2. Litigation will unearth some facts that will benefit no one in favor of us winning a lawsuit against a company destined for doom. 3. The only remedy we seek is to rectify the wrongdoing and follow our Agreements in accordance with the contracts, and; 4. A judgment against a defunct company lacks market value. We chose to use this medium because our concern is with the ineptness and the honesty of the Management of Coconino, not Coconino itself. As for Steve1's comment about LPS, and the Sea Dirt! We'll chalk that up to bias and misinformation for now. If we find out later that it is different than it appears, then we'll address it. Steve1 this isn't about a good deal or a bad deal.. This is about a deal that was made and welched on 8 months later. If you go back to September of last year you'll see a continuation of positive announcements about this LPS acquisition and what it will do for Coconino, but then if you go back to 1995 you'll see the same kind of hype about every deal this company ever did and most of them were followed up by lawsuits and welched on by management. We liken the cancellation of our shares to that of a company who bought Lincoln and 8 months later went to the Lincoln dealer and said Cadillacs get better mileage, we're canceling our post dated check and going to buy Cadillacs. HK Boner is not canceling any post dated checks and neither is Coconino. By the way Steve1 you requested our shareholder list but didn't give us a fax to send it too. As soon as you do we'll send it.