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To: jhild who wrote (20740)12/15/1998 4:02:00 PM
From: StandFast  Respond to of 43774
 
I approved the delay, because as a stock holder, I feel confident in the capabilities of PRWT. If you don't own stock, why would it worry you?



To: jhild who wrote (20740)12/15/1998 4:20:00 PM
From: bobkern  Read Replies (1) | Respond to of 43774
 
As I recall, the company thought the Realty Money deal would be completed by then (Announced it in July). I doubt they expected it to be delayed thus giving them something positive to report. Only makes since to delay reporting when Realty Money was delayed. Without the Realty Money deal, theres nothing to report.

I know, they shouldn't have announced it before it was completed. Same thing with Belize. We all agree that John put the cart before the horse back then. But, in fairness, don't you think we should give them a reasonable amount of time to report. Forget his words in July. If he had kept his mouth shut about reporting that quarter, nobody would have expected anything before year-end. Very few new companies, BB companies especially, report financials before their first year ends. You have to give them time to establish themselves. As a business person myself, and many should know this, the first quarter is always the worst. Start up costs, acquisitions, hiring staff, etc.., with little to no revenues, are not worth reporting. Causes more damage than good. The fact that we are getting financials, yes I believe we will, after year end and only seven months of life is pretty quick in my book.

So why crucify them in their infancy. Give them time to grow. Give them until February 15, 1999. Its not that far off and its not that much to ask. Nothing happens overnight.

Thanks for listening.

Bob



To: jhild who wrote (20740)12/15/1998 4:23:00 PM
From: Gordon Gekko  Read Replies (2) | Respond to of 43774
 
Why don't you give the company the benefit of the doubt till the end of January?

You know nothing concrete will be released this year, so please cease and desist.

If they do not report by the end of January then we can rehash this issue.

GG



To: jhild who wrote (20740)12/15/1998 4:34:00 PM
From: Roger Bodine  Read Replies (1) | Respond to of 43774
 
jhild,
Remember those other words 'delayed' or 'postponed'?
These words are different than evasion.

You often use the word 'ludicrous'. Definition: jhild's way of saying... to play, tease, causing laughter because absurd or ridiculous, laughably absurd.

Let's see now, postponing earnings or financials for good, valid on-going business deals does not seem to fit any where near this definition. In fact, this type of business move would better be defined as "perfect". This is exactly what does need to be done for the benefit of both management and investors. Anything less would not serve us.

Roger