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Gold/Mining/Energy : Markatech - MKD (VSE) -- Ignore unavailable to you. Want to Upgrade?

To: ken alpous who wrote (371)	2/21/1999 11:16:00 PM
From: Ted Kosokowsky	Read Replies (2) \| Respond to of 416

Sorry I haven't posted lately, but I was hoping for good news. I wish I had that good news, or even some kind of OK news. But I don't. I don't really know what is going on, but by piecing together many discussions from many different people, I have an opinion on what is going on. When MKD trading was stopped, the VSE took a good look at the deal with MCDI, and found some things they didn't like. They would not let it go as it was structured. As a result, to solve the problem, Doug has been trying to renegotiate the deal with MCDI to acquire 100% instead of 60%. Great for us shareholders, since MCDI is the only good thing we have going right now. But to renegotiate the deal, MCDI wants a better deal. More shares, more control. They have a good point. After all, they are now MKD's best hope, and have achieved their current success with hardly any financing from MKD effort. So they are holding out for a better deal. Doug is now in a difficult situation. The deal can't go as it is structured, and he doesn't want to cave into their demands and give the farm away. A deal is a deal, and besides the guys from MCDI tried for 4 years to put a deal together, and they didn't get anywhere until MKD helped them. Two perspectives. Two interests. There is no right answer, only compromise. As someone who is going through a divorce, I understand that as well as anybody. These two sides are negotiating, and getting closer to the edge where they fall off the VSE Board. Doug can be stubborn, and my greatest fear is that they can't compromise, and this isn't solved by the deadline. Doug may be right, but if it all falls apart the only route may be litigation. I cringe at the thought. Or maybe I'm wrong, and they worked out a deal over the weekend. Right. And we'll have a great news release this week. Right. Only fools count on the improbable. I am sure I have more shares than any of you, and I can assure you I have received nothing from the company. So I probably am loosing more than any of you if this thing does fall apart. But I know that some of you may have hung onto your shares, or even bought more as a direct result of my positive opinion on this stock. Just as I was proactive about adding value to my investment by telling everybody I could about the potential in this company, I want to be proactive about getting this solved. Between me and my brother, we have over 500,000 shares. A big chunk, but not enough to make anyone really take notice. I would like to talk to these guys saying I have the strength of the minority shareholders behind a move to force a resolution to this matter. I know some of you already have lost your faith in Doug Maclean. And I can understand that. But what does the rest of this forum think? Feel free to post a private message if you prefer. Ted