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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (2544)4/24/1997 1:29:00 PM
From: Hank   of 4342
 
Robin, I agree someone knew which pisses me off even more. However, isn't Travelers required to register their shares with the SEC before they can sell? I haven't been able to find anything related to this on the SEC data base. Also, if Travelers did sell on prior knowledge, isn't that illegal? Seems to me there has to be a pretty good arguement for a law suit here against somebody. As far as I'm concerned, PRLN blatantly lied to the public about everything. Babish knew this when he bailed. Koch knew it. Somebody has to be held liable. If I go to the bank and secure a loan based on false pretenses, I've committed an illegal act of embezzlement. What PRLN has put us through these last few months is no different in my book. Like I said before, I don't mind risking money and losing based on my own miscalculations. But I DO mind being lied to.

Hank
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