Just sharing what I received tonight in form of E-mail...update from www.subway.com
>>>Subject: SINC.. Big Talk.....
One release must credit another. On march 26, 1999, SINC put out a news release which received little to no coverage. The company deserves more attention than it is currently getting. The potential for the company is unlimited. Market Makers, appear to be covering shorts due to rumors of what David Turic is doing in the Bahamas right now. Maybe another acquisition, maybe the company will put out the news right this time. In any event, we could be looking at a short squeeze in the next day or so. Still trying to scare people out of their stock, Comprehensive Capital (CCCC) was on the bid all day today from 3 5/8 to 3 7/8. Trying to acquire a position? For What? Big talk on raging bull right now. Click here: ragingbull.com
SYDNEY, Australia--(BUSINESS WIRE)--May 7, 1999--Southland Financial (OTC BB:SINC - news; The Company) is very pleased to announce that it has entered into an agreement with an international investment group, Delta Bay Group Limited, (BVI), pursuant to which Delta Bay has agreed to purchase 5,000,000 shares of the Common Stock of the Company at a purchase price of US$3.50 per share, or US$17.5 Million in the aggregate, and warrants to purchase an additional 5,000,000 shares of the Company's Common Stock at an exercise price of $6.00 per share (for a potential total investment of US$47.5 Million in the event that Delta Bay exercises such warrants) in a private offering of such securities.
HONG KONG--(BUSINESS WIRE)--March 26, 1999--Southland Financial (OTC BB:SINC - news) The Company is very pleased to announce that it has finalised a contract with Welcome Engineering Company Limited and its wholly owned subsidiary, Top Express Engineering Limited (TEEL), to acquire at Southland's discretion, TEEL's interests in existing and new strategic reserve ducting, through-out the Special Administrative Region (SAR),of Hong Kong.
This investment is the first step for the Company towards the development of an expected 300 million + U.S. dollar overall investment, in a wholesale telecommunications infrastructure project, planned for Hong Kong. The Company anticipates making additional announcements regarding the project over the forthcoming weeks.
Southland Financial, Inc. through its joint venture partners and subsidiary companies aims to be the premier, independent communications ''carrier's carrier'' in South East Asia. Southland intends to provide cost effective, high quality, value added, ''last mile'' solutions to its customers.
''I am delighted that Delta Bay has joined us at this stage of our development, as the initial funding is generally the most challenging,'' said David A. Turik, Chairman of Southland. ''We are now ready to attempt to firmly establish our operations in Hong Kong,'' stated Turik.>>>>
How do I feel about this E-mail.....Don't get me wrong....I LOVE THE COMPANY...And I love its potential, and what is taking place as we speak, and know it will do well....But, as I had to do some spelling editing,, at least 3, before I even posted this, I can't help but feel that www.subway.com, if they can't even spell very well, ought to be maybe giving some of their shares back....Sorry, about that, but I have worked in the advertising business, and one thing that was impressed upon me, is that you are only as good as you write, and you represent the company and how good it is, and tell the world in your words the quality of the company, in which you represent...How many shares did they get? If they got any at all, then it might behoove them to spend a little bit of it to come across more professional....I am a little angry, but when you come across as "make shift", then that is the impression you give to others! If you are getting paid....then do it well, or don't do it at all!!!!
Comments???? Yes, I do expect high standards...Especially when I expect this company to do very well and go forth in their growth, and become a very good company...So, subway....you need a proofreader over there???? I will do it cheap! In fact, I would do it for free...E-mail me first, before you send it out, and I will be happy to assist you...I just want this company to be looked at as professional as possible, and looked at for its potential, that does indeed exist...
"Nuff said"...Everyone knows me when I have something to say, I will do it....Am disappointed...
Take care all....
Ginny |