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Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?

To: emergencyops who wrote (1556)	7/29/1998 4:11:00 PM
From: Shorty Long	Read Replies (2) \| Respond to of 4080

Thoughts... Gary, things to ponder over indeed. While I am sure by the technicality of the law through the disclaimer's as you published for us there is no legal wrongdoing, R. Verdiramo has been listed as an Officer in Beacon Light. This was through the broadcast on "Emerging Markets. Also, Mr. Verdiramo is listed as the Investor Relations point of contact in the disclosure package of July 1, 1998. It has now come to light, (no pun intended), that he is also associated with Interactive Multimedia Network. Which, happens to be Wallstreetdaily. Why keep that all a secret??? I do not know!!! On the other hand,it may be that a lot of other investors not associated with this thread or the internet for that matter were aware. Now that we have that information, however, we have a better perspective of who makes up the Beacon team. There is Interactive Multimedia Network, (IMN), hired for publicity and for Marketing Expertise. There is Lloyd Wade Securities, an Investment banker, hired supposedly to assist in acquisitions and mergers. In China, there is Pinnacle International for managing the plant. There was or there wasn't Genesis 550, as an Investor Relations firm, for promoting investment. I guess it boils down to looking at both sides of the coin. If the stock price had stablized at $1.00 or more and had some better indication of rising, I doubt that we as share holders would really care that much about the interworkings of the company. From the corporate perspective, how much detailed information about the organizational structure of the company should be in the public domain? Most corporations are pretty private about internal allocations of authority. On the other hand, we as investors, looking at significant losses, have a right to question aspects of the company's methods of doing business. I believe that not disclosing some of the relationships will not be in the best interest of Beacon. Credibility is a big thing. At the same time, I say to myself, six months from now, if the company is able to pull together substantial business and does show a profit for 98 and the stock price goes up. Who will ever care about the little mini-crisis that we are now dealing with. I think it would be in everybody's best interest at this point for Beacon, R. Verdiramo, Lloyd Wade, Genesis, et al to come completely open on all relevant aspects of our struggling company. We are a group of struggling investors trying to cope with major losses in investment dollars and a full and open exchange of information would sure help. Shorty