To: Denison Jr who wrote (133 ) 1/9/1999 9:57:00 AM From: Richard L. Williams Read Replies (1) | Respond to of 1979
Hello, Denison-- I have had the night to sleep on it, and these are my thoughts on the "news" this morning: 1) It is the weekend...nobody from Madera, AIE or Nibar will be available until Monday just before the open to deny or verify anything we have heard here or elsewhere about the non-appearance of the web site. 2) We know from German Angel's/AIE's other web creations (see my post #99 here) that they deal with extremely complex websites, likely requiring hundreds of hours of labor to create. 3) Nibar Group, the source of all news releases from Madera of late, has a dreadful reputation in the penny-stock investment community for lack of, shall we say veracity?, in its releases. We may be seeing that effects of that tendency. Those are the facts that point to "Barbarian" relaying the truth. OTOH: 1) Barbarian founded the WOOD Club on Yahoo!, and has run it well. WashDeck98, a fellow "founder" of the Club, and who did the DD that tracked down AIE/German Angel, has been there regularly also. While this may or may not mean anything, these folks have not been invisible in the past two weeks. They have been diligent in their DD, IMHO. 2) However, in the past three days, Barbarian frequently expressed a desire to buy "back in" at or below 18¢. He seemed to become very restless when the asking price of WOOD held so firm at or above 20¢. He was very public in announcing that he had sold his small stake yesterday to avoid the stampede out on Monday....a stampede it may appear he is trying to start. Adding it up, I can't say I know Barbarian personally, he may well have created a persona that is meant to be trusted until he needs to make a move, and this whole thing may be hooey to cause a sharp downspike on Monday at 9:30 for somebody's personal ends. I leave it to the rest of you to draw your own conclusions. This isn't a back-and-white situation. When people create anonymous personas, they invite, even beg for, distrust. When PR agencies establish a lack of truthfulness in their dealings with the investment community, they demand distrust. In short, I think we will only know the truth on Monday. Cheers! Rick