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Re: Francois+Goelo post# 11979

Saturday, 08/25/2001 1:07:13 AM

Saturday, August 25, 2001 1:07:13 AM

Post# of 15369
F&G,
AS I have taken you to task on many posts over the past days, let me say that these past few were very good in presenting your thoughts and calculations without all the junk. As I have said all along I also want to see the detail of the PP and understand the internal maneuvering better so that we shareholders don't pay an extreme penalty for our risk based investment. Maximizing our procurement of necessary funds to kick off volume production/salesm and being alble to product a quality product NOW have risen to the top of the list of concerns in my mind and we need to look to current SEVU management for answers and solutions. I hope they come forward in a business fashion as these are major issues. If they are to adjust the plans if possible after further thought, that would be appreciated by most longs and I feel that it might just be part of a learning process, not a foiled attempt to cheat the shareholders. Let's hope there is latitude and willingness to consider options at this point.

If the original PP boat has sailed legally, an alternate plan might be developed for an option/warrant for all shareholders currently holding unrestricted shares or some version of this idea - just being creative to save our investment bacon a bit.

Good weekend to all,

zagdad