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To: alan hardy who wrote (12143)	8/17/1998 9:18:00 PM
From: STRTYZ	Respond to of 43774

Thanks alan, Sounds like PRWT is really making things happen in a big way. "Intel is reported to be starting operations in Belize, for which American employees will be needing places to live". I read in the news paper once that Silicon Valley, Ca. had some limited housing problems and a $160,000 home sold for $600,000 because employees of (I think it was INTEL) needed a place to live. I'm sure if larger companies enter into Belize, the demand for housing will increase also. Also thanks to "Mr X" for his time. Tim

To: alan hardy who wrote (12143)	8/18/1998 12:54:00 AM
From: jhild	Read Replies (2) \| Respond to of 43774

Outstanding, Alan. I have never seen quite such a long post of unverifiable rumours. But you should know that to me this raises far more questions than it answers. So Mr. X is it? Great. An un-named high ranking official? Very compelling. He asked you not to post it, but in your enthusiasm to share this privileged news, you just couldn't resist it seems. BELIZE: . . . except that politics were alluded to being the culprit. Unfortunately the fact remains here that the government of Belize is still on the record as not only having not licensed PRWT to give mortgages, but going to the trouble of issuing a warning to investors here in the US to that effect. I'm curious why he or you even commented on this situation if this is all PRWT is going to say, even unofficially whispered over the phone as it was. REALTY MONEY CENTER: . . . I mean really, 2 1/2 mill is a drop in the bucket to the reported 500 mill in buisiness it did last year. Well now that raises some interesting questions as well. So which is it - did they do $300M or $500M. If they did $500M last year does that mean that they only did $300M this year? Is their business falling off? And what then is their revenue - $300M or just the finders fees for placing $300M in loans. Just what would that "revenue" number be then? And if you would say that this is just a few million for all these millions of loans placed then is it that the NRPI loans are coming from Realty Money Centers or are they just agreeing to broker that many loans? Because if the latter is the case then I can very easily understand why PRWT made no press release about this as that revenue won't be very much at all, now will it? INSIDER TRADING: MrX was very enthused . . . He would not, or did not know exact percentage takes from commisions, . . . How exactly could he be enthusiastic if he doesn't know what the most basic element of their revenue is to be? Or is it that your Mr. X is not so highly placed after all? Don't they have a business plan for this business? PURE WATER SCIENCE: Plans are being made to resurect the old business. .. . Well there you go, let's get that failed business that got taken over and see if anything can be done with it. That's a great plan. Kind of reminds me of the talk today on the MTEI thread where people were joking about maybe getting back in the casino businesses, now that the coal mining thing hasn't worked out. Speaking of 10Q's, I'm not sure where the 15th of this month was brought up, but Mr. X said he doesn't expect them out till the middle of Sept. My isn't that a little unusual? That they are only getting this information out 2 weeks before the end of the following qtr. Why are they delaying the financials so long. Surely they must know what the numbers for the end of June are by now? It's going to take another month? Tell me, do they have a major accounting firm doing their books? There was a Bloomberg article posted today on the PRWT News Only thread. A number of those points bear a striking resemblance to the major thrust of your post. I recommend that article to anyone. It is a very worthwhile read. #reply-5513529

To: alan hardy who wrote (12143)	8/18/1998 1:49:00 AM
From: jhild	Read Replies (1) \| Respond to of 43774

Speaking of 10Q's, I'm not sure where the 15th of this month was brought up, but Mr. X said he doesn't expect them out till the middle of Sept. Alan, next time you chat with Mr. X, suggest that he sit down and talk with John Schmitz. I just ran across this from an earlier post by DealMaker. He is reporting a conversation that he had with John Schmitz. To answer the question of whether there will be a stock split, John said at this moment they are not even considering looking at that issue...it's way too early in the game to tell. But, he also said he would never say never to that issue as that would be foolish. Financial reporting is in the works with the accountants..the 2nd qtr ends this month June 30th, and the financials will be due out about 45 days after this date. July 1 plus 45 days equals August 15, but apparently at PRWT it equals September 15. I hope they do a better job of adding up their revenue numbers. #reply-5050846