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03/19/01 8:01 PM

#6698 RE: Seahag #6697

Im with ya Seahag

The addition of the CFO, COO & new CEO was prob the best thing that ever happened to SEVU. Well, Getting rid of RLM was the best thing IMO, The new team just highlighted this!

The only hurdle I see is can the New Team, and SEVU for that matter, overcome the RLM funk, I know new investors will not be easily brought into the stock, Financing is going to very hard now, and a host of other stigmas that come along with reposting numbers.

The letter on the website seemed to elude that the numbers will be ontime, If they are not, I have a feeling that we will test the low.

I read a post from I believe F+G that said attorneys would not pick at the bones of SEVU with a class action, IMO that is what attorneys do, What is your thoughts on a Class Action suit? SEVU does not have the money to battle the slimey lawyers?

Thanks for the reply, Good Luck!

Peace.....

BillBranum

03/19/01 8:09 PM

#6699 RE: Seahag #6697

SH, The problem with today’s statements is that nobody really knows how bad the “inaccuracies” are, only that they are bad enough to be material. We also do not know to what extent the “inaccuracies” might extend into areas beyond what has to date been discovered and reported. Until we get a final, audited year-end, investing any new money in SEVU would be more akin to gambling than investing, IMO.

Bill Branum