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Microcap & Penny Stocks : NYRR,What is going on? -- Ignore unavailable to you. Want to Upgrade?

To: mtpockets_002 who wrote (3461)	10/2/1998 10:13:00 PM
From: Jim Johnson	Respond to of 4304

mtpockets, How is Jack doing? Ask him why he hasn't answered my email. I sure do wish we'd hear some positive things from our little RR...like financials!! My concern is not that they are making a profit, but what direction they are heading, if any. Jim J

To: mtpockets_002 who wrote (3461)	10/3/1998 12:51:00 AM
From: Wayne J.	Read Replies (1) \| Respond to of 4304

Hello! Tom, Well still no updates from NYRR--I also noticed that on their website they have requested that no one send them e-mails expecting an e-mail response --but rather phone the company directly. In my opinion this is a more time consuming process( especially if they are busy) an e-mail can be answered at one's leisure! Oh! Well! The problem with limited or minimal updates from a company to it's shareholders is that it can eventually lead to frustration for some of the shareholders ( especially if the share price is in a downtrend) and then what sometimes happens next is the rumor mill starts to get active. Here is a rumor that at this point I have been unable to verify as factual however the just of this rumor is that there is a significant private placement that is scheduled to take place that could gross the company $2 Million....JMO! Apparently along with this rumored potential private placement there is a document --apparently several hundred pages that outlines the details of the PP.. Keep in mind that to the best of my knowledge that this is just a rumor. Now! Wouldn't it be refreshing if the company would throw out a few bones of information to the shareholders so that we wouldn't have to sit here and hold our breath. Another thought came to mind, I wonder what criteria is used in deciding who gets selected to be contacted in private placement opportunities --be it NYRR ( if, as and when there is such an event) or any other company? I wonder if Jack would know? JMO! Best Regards, Wayne J.