1st Net Technologies ( FNTT ) Message Board

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Microcap & Penny Stocks : 1st Net Technologies ( FNTT )

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To: Razorbak who wrote (237)	3/20/1999 12:22:00 PM
From: Bear Down	of 1827

Unfortunatly Kimberly is probably correct. Non Disclosure by promotors is so prevelant today that the SEC is usually happy with getting the non-disclosing party to provide disclosure. I was speaking with an SEC attorney a few weeks back and he stated that most of the time they send a letter or make a phone call and as long as the suspect party startss complying with disclosure laws, the SEC usually lets it rest. I personally don;t agree with that policy as it basically implies violating discloseure laws is ok iuntil you get caught. At least as far as I'm concerned this outing of Chatty serves to provide me with some insight into what the real motives of the players are here. This company is definatly more interestedin stock price than the company. And trust me, Kimberly is quite adept at getting in stocks early enough to get in on the pump and from what I witnessed, she is smart enough to get out for the dump. Quite a savvy trader and I look forward to meeting her in the near future.

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