Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?

To: Peter G. Troyan who wrote (998)	5/6/1999 9:27:00 PM
From: Midwesterner	Respond to of 1261

Oh and by the way, when I say you for the most part, I'm taking about all the directors. This long term slide has been going on for many years and I'm yet to see one single director from Tracer that has been worth his salt in the five years I've been a shareholder. I've had a tremendous opportunity to average down during those years tho. How many have lost over ninety percent of their investment so far. Let me see those hands! (at the meeting)

To: Peter G. Troyan who wrote (998)	5/6/1999 11:37:00 PM
From: drrobinson	Read Replies (1) \| Respond to of 1261

My investors and I committed to the private placement last year not knowing that the Company had not disclosed to the shareholders that it had received notice from NASDAQ of the possible delisting of the stock. When this came to our attention, and certain members of the Board were still against disclosing this information to the shareholders, we had to back away - I was fearful that the Company was ripe for a lawsuit if they proceeded down the path of non-disclosure, and then somehow the information leaked out. Fortunately, after we pulled our commitment for the private placement, the Board listened to me and disclosed the problem of the possible delisting. DRR