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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ellen who wrote (9403)	10/11/1998 12:27:00 AM
From: Ken W	Read Replies (3) \| Respond to of 29382

Ellen Jeez, I thought you left. Have you actually read the proposed credit talks. Sergio quoted them for you. Europe is "offshore" draw down credit under certain conditions= means that as the co. uses money from the credit line it (company) gives the creditor more shares of stock. They sell the shares on the open market and the spiral continues on and on and on. At this point I do not think that you even understand floorless debt. Please go to Dr. Zev Head's thread. He has an excellent explination of floorless and how it is worked. You buy, buy, buy they sell sell sell and you support the entire thing. Ken

To: Ellen who wrote (9403)	10/11/1998 6:40:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

<Can you document completion? "In addition to the company's April 14, 1998 news release regarding the proposed debenture financing, the company would like to clarify the following items. Nevtah continues negotiations with several major European Institutions for a convertible line of credit. The company expects to complete an agreement that will include a "draw down" arrangement that will trigger conversion under certain conditions and terms at the time funds are released. The company currently has access to sufficient funds to undertake the Stripper Well Program and to continue the ongoing work program on the Matagorda Hawes Gas Field. " It says "proposed". Can you document completion?> John, who has been in close contact with NTAH and Canyon (company IR firm) apparently did..PS: we've been through all of this before reread the 2100 area of NTAH thread. .............. To: Just My Opinion (2168 ) From: Psychopop Friday, Jul 10 1998 5:17PM ET Reply # of 3223 The "share dumping" as far as I can tell...And I talked to Canyon today....Is MM shorting....There is no, at least no one has any knowledge of, any convertible debenture financing....The ONLY financing arrangement admitted to is a "draw down"......It is Canyon's opinion that this is MM action, it is also mine......Personally, I think a squeeze has developed.The 14th is reporting day for the MM's....We will see shortly....If I'm right, this thing will boomerang to 30c VERY quickly.....If NEWS follows in short order.......We could see at least 50c, and perhaps more by the eo/Aug......Peace ................. To: Gary S. (2181 ) From: Just My Opinion Saturday, Jul 11 1998 2:50AM ET Reply # of 3223 As far as I know, John has reported to this thread accurately what the IR has relayed to him. ............................. And on the newsletter note-here is what it is costing the shareholders for one of these pump and dumpers,now we need to find out what the other 10 get.......... To: Robert (2001 ) From: The Ditchdigger Jul 8 1998 8:07PM ET Reply # of 3223 Hello Robert,Not sure if this has been posted "The Alertnewsletter.com and microcap's ALERT Line has an agreement with a shareholder in Nevtah Captial Management whereby they receive 50,000 shares a month for promotional efforts, and a similar agreement with a shareholder in Araldica Wineries for 25,000 shares a month." alertnewsletter.com Looks like there is problems with SI this morning,at least I'm getting a different error message<g>..DD PS: no sense in rehashing this same stuff all over again, share price is down 50% since the last time(July) we went through this..