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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?


To: Sidney Reilly who wrote (4383)8/24/1998 9:23:00 PM
From: Zeev Hed  Respond to of 4736
 
Bob, I warned about inherent problems of this company long before Paul E got on board, I would not be surprised that he was taken by Stamm for few fistful of greenbacks himself. I wonder how long it will take the new "directors" to find out what "skeletons" are in the closet. Maybe with the pound of flesh they are being paid (30% of the company) they just will avoid looking into closets.

I nothing else, NAMXD followed religiously all other stocks that have undergone reverse splits, it went to less than 50% of its pre-split value in a big rush. At the rate it is going, it may end up a penny in the new stock within three four months. Who knows, CAFE surely did.

Zeev



To: Sidney Reilly who wrote (4383)8/25/1998 9:24:00 AM
From: Hunter Vann  Read Replies (2) | Respond to of 4736
 
Actually Sturgeon, I had a bigger financial stake in this matter than you. Well, that is until yesterday...

COME NOW the plaintiffs, by and through their undersigned counsel, herewith moving this honorable court for an order dismissing this action without prejudice. The Plaintiffs have determined that further prosecution of this action in the State of Utah is not practical at the present time, and instructed the undersigned to seek dismissal under circumstances which will permit the refiling of the action at a later time and/or in another jurisdiction.

WHEREFORE, the Plaintiffs respectfully pray that this Honorable Court enter its order dismissing this action as to all parties without prejudice, with each party to bear its her, or his own costs.

Dated this 17th day of August, 1998.

John F. Bates