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Re: Ed Monton post# 204

Friday, 07/22/2005 3:19:48 PM

Friday, July 22, 2005 3:19:48 PM

Post# of 330
Now anticipate 2Q05 financials will not be released until early August. My understanding is RNC preparing 2Q05 financials to comply with US GAAP which adds an extra week or so to the process. US GAAP reporting is required to enable AMEX listing which RNC expects to have before April 2006.

Political situation in Nicaragua appears to be improving. The key here is to have free and fair elections, IMO, regardless of who wins. Even better news would be for Ortega not to win, but free and fair elections are more important. The best news would be for the Nicaraguan people to "“rescue” their country that had been “hijacked” by the country’s leftist and rightist party bosses (“Caudillos”) former President Daniel Ortega, of the Sandinista National Liberation Front (FSLN), and former President Arnoldo Aleman, of the Liberal Constitutionalist Party (PLC)." This would likely involve either Herty Lewites and/or Eduardo Montealegre forming a new government.

See prior post, best article I have read on current Nicaragua situation.
http://www.investorshub.com/boards/read_msg.asp?message_id=7049737

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