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Re: shepper post# 417

Tuesday, 06/22/2004 2:43:29 PM

Tuesday, June 22, 2004 2:43:29 PM

Post# of 10162
shepper.....The correct # is 917-731-0215. Alex Livac is the stock holder's contact. He has been in the process of closing his office in NY and establishing this corporate office. He has been in California the past week and is back now in the office. He said that he had a lot of calls to catch up on.

I am very satisfied with the posture that this company is taking under the strong leadership of Barry Rayment. They have actively been buying up stock that the old company still has. They just bot 10,000,000 shares today. Most of the price weakness the past month has come from old company stock selling that is just about over. They are also concerned about naked shorting, but realize the best way to attack that is to move ahead with drilling and displaying value of the present holdings. So, in my mind, they are doing the best job they can for the owners (us)- being proactive and agressive with buying old company stock and moving ahead with drilling plans.

The company has a number of really good things to release (financing and drilling commencement) and that will occur when the time is right (all t's crossed ect.). They are looking to build a base of loyal, long term shareholders and will do all they can to initiate, build, and maintain shareholder value. This is not a pump and dump and, as such, will not appeal to the short term players - at least they are not going to play to that crowd by releasing PR's every time the stock drops a few cents. The company is building value as all will begin to see when they release further PR's in the very near future.

I encourage you to call and talk with Alex at the above # as that is his job and, as his boss, you da man! I am very satisfied with my holdings and personally am a buyer up to a nickel - AMHO.....Joe
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