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Alias Born 07/04/2006

Re: dickmilde post# 42

Thursday, 07/06/2006 10:52:54 PM

Thursday, July 06, 2006 10:52:54 PM

Post# of 71
hi - no, i am not connected with pro golf/ajay in any way. however, i do have knowledge of the company and it's management and the issues they face/they have created. given that the company's financial situation sucks (a technical term), catching up on sec filings will not help it. they are in default with the bank and have been. the stores are losing money. some of the best stores have left the system. new stores can't get open accounts with key vendors. they talk about a "company store" but have not been able to fund it since present ownership acquired the company. the website royalties earned are nil. they are in litigation that could cripple the company if lawsuits are lost. it's smoke and mirrors, my friend.

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