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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: ChainSaw who wrote (591)	1/28/1999 4:45:00 PM
From: Wizzer	Read Replies (2) \| Respond to of 3896

Taurus was retained as a financial advisor in Jan /98 and did the financing of 4 mil special warrants at .50 back in Dec /98. They would have likely been issued shares at some point as a partial payment or bonus for doing the work. Taurus could be making some money by selling the shares they were given. Part of doing business I suppose, although it pisses us investors off. Hugh, this happens all the time. Check out the Infowave (IWM-vse) release today that lists Golden Capital, Cannacord, and Yorkton are now recommending the stock. Turns out that Cannacord has been the largest seller since the beginning of the month, and none of the others are on the top of the buying list and are in fact selling more than they are buying. It's funny because I saw the NR and was going to buy until I checked brokerage positions and laughed. Recommend the stock into the selling....another thing that happens all the time. This is not to say IWM is not a good stock. Regards, Wisam