To: Due Diligence who wrote (1028 ) 10/14/1998 1:50:00 AM From: Cavalry Read Replies (2) | Respond to of 1637
due d here is what i mean by tightly held company re RACG Total shares traded since merger 30,000 shares traded out of float of 2 million, less than 1 1/2% of float traded and mm's walked the price down from $5 to $2 you know better, where is rest of float??? in dominion's accounts managed by andy evans racg ceo and funded by bill gates. 05/27/98 800 5 1/2 5 1/2 5 1/2 05/29/98 5,500 7 5 5 1/2 06/08/98 100 4 1/2 4 1/2 4 1/2 06/11/98 5,900 4 1/2 2 1/2 4 1/2 06/18/98 400 2 5/8 2 5/8 2 5/8 06/30/98 1,000 5 5 5 07/06/98 300 3 1/2 3 1/2 3 1/2 07/08/98 1,400 3 1/4 3 3 1/4 07/17/98 500 2 1/2 2 1/2 2 1/2 07/20/98 900 2 1/2 2 1/2 2 1/2 07/21/98 1,000 3 3 3 07/24/98 2,500 3 1/4 3 3 1/8 07/29/98 100 2 7/8 2 7/8 2 7/8 07/31/98 1,000 3 1/2 3 1/2 3 1/2 08/07/98 200 3 3 3 08/13/98 100 3 1/2 3 1/2 3 1/2 08/14/98 700 3 1/2 3 1/2 3 1/2 08/17/98 200 3 3 3 08/24/98 700 3 1/2 3 3 1/2 08/27/98 1,000 3 1/2 3 1/2 3 1/2 08/28/98 200 3 3/4 3 3/4 3 3/4 08/31/98 300 3 3/4 3 1/2 3 3/4 09/02/98 400 3 1/2 3 1/2 3 1/2 09/08/98 500 2 7/8 2 7/8 2 7/8 09/11/98 200 2 7/8 2 7/8 2 7/8 09/14/98 600 2 7/8 2 7/8 2 7/8 09/15/98 1,300 2 7/8 2 7/8 2 7/8 09/22/98 3,700 2 1/2 2 2 09/23/98 2,000 2 5/8 2 1/2 2 1/2 09/24/98 200 2 1/8 2 1/8 2 1/8 09/29/98 900 2 1/4 2 1/4 2 1/4 09/30/98 300 2 5/16 2 5/16 2 5/16 10/01/98 1,000 2 5/16 2 1/4 2 5/16 10/02/98 500 1 7/8 1 7/8 1 7/8 10/06/98 2,500 1 7/8 1 1/2 1 1/2 10/08/98 1,500 2 1 3/4 2 10/09/98 5,100 3 1 3/4 3 10/12/98 3,000 3 1/4 3 1/4 3 1/4 ---------------------------------------------------------------------- ANDREW EVANS, A CLOSE PERSONAL FRIEND AND LONGTIME FINANCIAL ADVISOR TO SOFTWARE BILLIONAIRE BILL GATES. ................ AND WITH GATES, SET UP A MANAGEMENT FUND THAT HANDLES MANY OF THE MICROSOFT CHAIRMANS INVESTMENTS.HE AND GATES HAVE BEEN CLOSE FRIENDS SINCE 1978, AND GATES IS GODFATHER TO ALL THREE OF EVANS' CHILDREN..... ARTICLE DOESNT GIVE NAME OF MANAGEMENT FUND EVANS RUNS FOR GATES WITH GATES PERSONAL MONEY. BUT IN SEC FILING OF RACG-AUTOMOTIVE PERFORMANCE GROUP HERE IS TWO EXCERPTS SOUNDS LIKE THE THREE FUNDS EVANS MANAGES HOLD 93% OF ALL THE STOCK IN RACG ITEM 1. CHANGES OF CONTROL OF REGISTRANT. Prior to the Merger, there were 7,833,902 common shares and no preferred shares of the Registrant issued and outstanding. Pursuant to the Merger, there were issued 108,930,887 common shares and no preferred shares to the shareholders of IMSG-H pro rata. As of the Effective date, there were 116,764,789 shares issued and outstanding, of which 93.3% were held by former shareholders of IMSG-H, and 6.7% were held by previous shareholders of the Registrant. In addition, previous . Effective on the Merger date, the shares issued and outstanding were reduced 20 to 1; said reduction also applied to all shares subject to warrants and options. Therefore, immediately after the Effective date there were 5,838,239.45 shares outstanding. ************* Three shareholders of IMSG-H controlled most of the shares. Those shareholders are all under the effective direction of Andrew Evans. Those shareholders are Dominion Income Management, Inc., Dominion Income Management, Inc. Profit Sharing Plan, and Maritime Capital Partners, LP. IS ONE OR MORE OF THESE THREE MANAGEMENT FUNDS BILL GATES BILLIONS. ARTICLE SAID EVANS MANAGES GATES INVESTMENTS IN MGMT. FUND DOES EVANS MANAGE ANY OTHER FUNDS BESIDES THESE THREE???? MAYBE THIS WILL HELP. ANDREW L. EVANS, CHAIRMAN OF THE BOARD AND PRESIDENT OF APG, AND PRESIDENT OF TEAM SCANDIA. In addition to his duties on behalf of Automotive Performance Group, Inc., and Team Scandia, Mr. Evans is the President and Chairman of the Board of Dominion Income Management Corp. which he founded in 1986. Dominion invests primarily in the equity securities of both public and private companies.