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To: Suzanne Newsome who wrote (29359)5/28/1999 12:49:00 PM
From: Patricia Trinchero  Read Replies (1) | Respond to of 44908
 
Suzanne,

Did P. Henry say how many shares were supposed to be registered and who was directly responsible for not filing the papers?

TX

PT



To: Suzanne Newsome who wrote (29359)5/28/1999 12:51:00 PM
From: Sam LBI nj  Read Replies (1) | Respond to of 44908
 
>>Henry strongly objects to the characterization of "failure" being applied to Gordon<<
OK ask him this...how many companys have gone bankrupt after or even at the time RG was in charge?...what companys are enjoying the fruits of his labor at this time?...can he execute a plan? or is he just a guy who raises money, grants shares to himself, and then moves on to the next venture?....be interesting to see the answer to this...
Sam
PS..where is old Hammer- anyway?



To: Suzanne Newsome who wrote (29359)5/28/1999 1:03:00 PM
From: ztect  Read Replies (1) | Respond to of 44908
 
Suzanne...

That's the version I was going to write as well...
Not sure if I misheard or didn't remember correctly some of the
exact figures and dates.

I'm just going to take the time this weekend to read through old
Phoenix filings to try to corroborate some of the dates and events.

Let me just add to one or two of the points you conveyed.

According to Henry, Soros first invested $10 mil in 95 while Gordon was CEO, then subsequently invested $15 mill into Phoenix just prior to or concurrent with Gordon stepping down as CEO.

Again according to Henry, when Gordon stepped down as CEO in January of 1997 he retained his COB status. He was one of seven board members.

Along with the new CEO, and Soros's additional $15 mil came completely new management no longer under Gordon's direction. Thus Gordon's remaining role was largely a titular one.

When Gordon gave over control in early 1997, the stock was still at a price above $2.00 (this can be checked).

According to henry, Gordon's perceived cheerleading was
his basic optimistic attitude.

Not saying the above recount is fact or fiction, just providing yet another perspective....Everyone remember to rent Rashoman

If I misunderstood or if you heard something different, please correct or add to my post.

Again this was a version of what occurred provided by Henry. I am going to try to corrobarate or contradict this version with what I can find that is available in SEC documents.

Sincerely,

ztect

btw..

I am going to look closer at this whole 70 mil share thing, because of the person who provided these questions. Some incredulous comments made by this source make me have to look very very close at the validity or speciousness of his analysis.




To: Suzanne Newsome who wrote (29359)5/28/1999 2:03:00 PM
From: Jazzbo  Read Replies (2) | Respond to of 44908
 
You're good, Suzanne.

Tim



To: Suzanne Newsome who wrote (29359)5/28/1999 8:27:00 PM
From: JWC  Respond to of 44908
 
>Many people made a lot of money during this period<

My eighty-year-old neighbor made a couple hundred thousand on Phoenix. He got in and out at the right time. Jeff



To: Suzanne Newsome who wrote (29359)5/28/1999 10:42:00 PM
From: Roy F. Baker  Read Replies (1) | Respond to of 44908
 
That was such a well written post today about Paul Henry and the Gordon/Phoenix connection, that I decided to glance at your profile. I noted that you like PNLK. Do you hold any now and if so for how long?
For whatever reason I can not recall if you posted previously on the PNLK thread. I have gone through each and every post as part of my DD. It helps me to get a flavor of the feelings of the investors.
I am a long time holder of PNLK and have been active on it's threads since October when I finally joined SI. As time has moved forward, I have learned to respect ztect's DD and his style. He also is a PNLK'er.

Regards,
Roy