SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Investment Chat Board Lawsuits

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey S. Mitchell who started this subject5/2/2001 12:07:31 PM
From: Tim Hall  Read Replies (3) of 12465
 
PROTECTIVE ACTION LEAGUE to Combat Stock Bashing

WASHINGTON, May 2, 2001 (BUSINESS WIRE) -- An initial group of small cap
companies consisting of Myrient Technologies (MYNT), Kanakaris Wireless (KKRS)
and eConnect (ECNC), have joined together to form the advocacy and protection
group called PROTECTIVE ACTION LEAGUE (PAL).

Headquartered in Washington DC, PAL will seek to advance the interests of its
members by centralizing its approach to matters of common concern and
implementing aggressive action.

PAL will unite Small-Cap companies in an aggressive front to combat Internet
Bashers. PAL members will contribute monthly to a common fund that will retain
seasoned litigant attorneys who will first determine if a PAL member has been
slandered or whether other legally actionable messages have been transmitted.

Once this has been determined, PAL will then instruct highly adept cyber
detectives to hunt down the identity of the basher and the bashers' employer.
PAL will then aggressively litigate as the plaintiff against the basher, the
chat room and the bashers' employer.

"PAL is just good insurance for bulletin board companies who are often at the
mercy of well organized and well paid bashers. We consider a small monthly
payment as an excellent investment for our company and for shareholder value,"
stated Thomas S. Hughes, Chairman and CEO of eConnect.

Only public companies will be able to utilize services of PAL. Public companies
wishing to join PAL should contact: Protective@erols.com. Inquiries are
confidential.

CONTACT: PROTECTIVE ACTION LEAGUE
William Haseltine, 202/783-7600

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext