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Microcap & Penny Stocks : HGRM--Any Followers? -- Ignore unavailable to you. Want to Upgrade?


To: Lance who wrote (2002)2/28/1999 10:58:00 AM
From: Ted M  Respond to of 3576
 
I think it is pretty clear that the contract is real Lance. It has been mentioned in Russian newspapers and several competitors have indicated they are familiar with the contract, having bid on it themselves. The bigger question is what are the payment terms. HGRM has said that payments are guaranteed by US banks, so the question is to what extent are they guaranteed and when will they be made--upon delivery? If so money should be rolling in quite soon since the first delivery of 300,000,000 holos is due on March 15--two weeks away. HGRM has indicated that they will address these issues in future press releases. I'm hopeful that those will come sooner rather than later, but time will tell. Ted