Ann: Placement of $500,000 / Proceeding with Reno, page-15

re: Ann: Placement of $500,000 / Proceeding w... hi dradam,

lets face it, the management seem lost in a quagmire of tenements that are all fantastically exciting at the time only to be sent to the hard bin to get lost into eternity.

then a long comes the next very exciting tenement and we are all asked to pay up !

TIME IS OVERDUE FOR AN HONEST DECLARATION OF THE TRAFFORD SITUATION AND THAT OF IFE.

a shareholder revolt is on the cards as far as i'm concerned.

and if the rights flops ? then what ?

a pile of stock to be slung out by the underwriters.

well for one genuine piece of inside info, those poor buggers who paid 75 cents for their ife options back in march will not be at the trf party.

it all gets worse by the day.

40.