Nashville Records, Inc. (NRCD)

[John Winston]

Cart Before The Horse ?



1 ) --- This Is What Happens
When You Already Know What
Is Going To Happen, Before It

H A P P E N S



2 ) --- Perhaps The Previous
Spikes Were A Result Of The
Previously Much Lower 50M O/S

And Now Things Are Adjusting Per
The Recent Increase To 250M O/S



3 ) --- Why No Disclosure On A/S ?
Why No Disclosure On The Float ?



4 ) --- No Current Salaries . . .
For How Long And Under What
Previous Agreement Or Conditions



5 ) --- Maybe Salaries Have Already Been
Paid In Advance Through Sale Of Stock On
The Spikes That Happened Prior To March 21st
Before The Increase In O/S To 250M



6 ) --- Advice :

While Being Overzealous And Exuberant
Regarding What Items May Be Disclosed ,
It Is More Wise To Consider What Is Not
Disclosed And For What Reasons They May
Be Concealed From The Public

Beware Of Diversionary Tactics That May
Seem Important But Actually May Only Take
Your Eyes Off The Ball



7 ) --- Please . . . No Personal Attacks This Time



J W - J M H O