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: Florida Cracker who wrote (1094)	5/18/1999 11:47:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 1261

Cracker: I tend to agree that an Iranian deal would be good for the stock price... I just got the proxies and am reviewing them... Jim

To: Florida Cracker who wrote (1094)	5/19/1999 7:04:00 PM
From: Peter G. Troyan	Read Replies (1) \| Respond to of 1261

Cracker, I don't think we worry about the stock being exchanged for the Iranian deal, although I believe we should still have a vote on it. The Vancouver Exchange has had this rule for reasons....one of them being abuse by management. The real problem is the stock that I believe will be issued between June 4th and July 20th, the Nasdaq date. I believe, as many other shareheolders do that millions of shares will be issued at 50 cents or below, probably with the majority of them going to an offshore investor, (I wonder who that could be). subject to Regulation S, with a 3 or 4 month hold. This is the favorite method of operation of this bunch. The control of the company will then not be lost for a deal, but for the GREED of this group of directors and management. Thus, even before a deal, the current shareholders will be massively diluted. These shares can then be sold into any Iranian announcement. After all these shares are issued, the stock will magically rise above a dollar and save the listing. AS YOU STATED ABOUT THIS BUNCH AFTER YOU TALKED TO ROBINSON......IT'S ABOUT THE MONEY.....GREEDY, GREEDY, GREEDY.. VOTE NO TO THE ROLLBACK VOTE NO TO ARTICLE 6 VOTE NO TO GREED.....NAMELY ROBINSON, YOUELL, WILSON AND FEARON