Re: 1/29/03 - [ACPL] FinancialWire: Prevention Plus Minuses World Record Ticker Spam; PR: Accident Prevention Plus, Inc. Rebuts Release Put out by Integrity Securities LLC and Their Alleged Attempt to Induce Short Selling
Prevention Plus Minuses World Record Ticker Spam
January 29, 2003. (FinancialWire) Guinness Book of World Records, take note. A January 17 press release by Integrity Securities on behalf of their clients FreeStar (OTCBB: FSTI) and Sionix (OTCBB: SINX).apparently was coded in such a way as to ticker spam somewhere between 4,200 and 5,300 OTC Bulletin Board companies – all in a first paragraph that was 23 printed pages long, perhaps itself a dubious achievement of sorts.
This release’s timing coincided with another effort for a large number of companies that have been linked with various efforts to combat naked shorting – GeneMax (OTCBB: GMXX), Ten Stix Inc. (OTCBB: TNTI), BlueBook International Holding Co. (OTCBB: BBIC), MidasTrade.com (OTCBB: MIDS), MSM Jewelry Corp. (OTCBB: MSMJ) and Make Your Move Inc. (OTCBB: MKMV), all of which have alreaded exited the DTC, and companies that have said that they are or are considering exiting DTC: Reeds Holdings Corp. (OTCBB: RDHC). Nutra Pharma Corp. (OTCBB: NPHC), Critical Home Care Inc. (OTCBB: CCLH), Hadro Resources Inc. (OTCBB: HDRS), Jag Media Holdings Inc. (OTCBB: JGMHA), InternationalBioChemical Industries Inc. (OTCBB: IBCL), SunComm Technologies Inc. (OTCBB: STEH), Bentley Communications Corp. (OTCBB: BTLY), Nutek Inc. (OTCBB: NUTK), ITIS Holding (OTCBB: ITHH), Environmental Products & Technologies (OTC: EPTC) and Edgetech Services (OTCBB: EDGH).
In any event, exception was taken by at least one of the companies in the 24-page release, Accident Prevention Plus, Inc. (OTCBB: ACPL) which has now issued a press release to deny any association with Integrity or its author, Matthew Marcus, or that it “was attempting to become or already is a ‘certificate only’ company and was denied by DTC.” Jennifer Swanson, CFO, said, “This is just another attempt to induce short selling against our and many other companies. These statements made referring to our company were inaccurate and I have contacted the author to demand a retraction and apology. “Our management has always believed that the road to fighting the short sellers is not through smoke and mirrors but by the development and marketing of our products and increasing our revenues, which from our last release the investors can see we have made great strides and our direction is prosperous. Unfortunately, it seems to be impossible to monitor and analyze all information that is put out on various OTCBB companies by these individuals, but, as in this case, when we are able to catch it we intend to fight it and use any and all resources to rectify these situations. We will never get rid of the short sellers but we will fight them tooth and nail."
investrend.com
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Accident Prevention Plus, Inc. Rebuts Release Put out by Integrity Securities LLC and Their Alleged Attempt to Induce Short Selling
PALM BEACH GARDENS, Fla., Jan 27, 2003 (BUSINESS WIRE) -- Accident Prevention Plus, Inc. (OTCBB:ACPL). In an article and release put out by Integrity Securities LLC and written by Matthew Marcus, it was stated that Accident Prevention Plus, Inc. was attempting to become or already is a "certificate only" Company and was denied by DTC. Accident Prevention Plus, Inc. (ACPL) was mentioned in the article as a "certificate only" Company.
Jennifer Swanson, CFO and Executive Vice President stated the following: "This is just another attempt to induce short selling against our and many other Companies. These statements made referring to our company were inaccurate and I have contacted the author to demand a retraction and apology. Our management has always believed that the road to fighting the short sellers is not through smoke and mirrors but by the development and marketing of our products and increasing our revenues, which from our last release the investors can see we have made great strides and our direction is prosperous. Unfortunately, it seems to be impossible to monitor and analyze all information that is put out on various OTCBB companies by these individuals, but, as in this case, when we are able to catch it we intend to fight it and use any and all resources to rectify these situations. We will never get rid of the short sellers but we will fight them tooth and nail.
"To all shareholders and possible investors, we suggest that you contact the Company directly for truthful, honest and accurate information. As you can see by our filings and our press releases, we are strong and moving in a positive direction. Management has taken a `no tolerance' stance against false information being put out to the public."
Accident Prevention Plus, Inc. (ACPL), located in Palm Beach Gardens, FL, is a technology company which designs, manufactures and distributes On Board Recorders for all types of vehicles. The Company specializes in the safety, economic enhancement and security for vehicles, drivers and cargo. Our products are sold worldwide. Our engineers design all our software and firmware, as well as any hardware we require. Accident Prevention Plus, Inc. owns all of its intellectual properties. For IR package call 561/721-2220.
This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's current expectations of beliefs and are subject to a number of factors and uncertainties that could cause actual results, levels of activity, performance or achievements to differ materially from those described.
CONTACT: Accident Prevention Plus, Inc., Palm Beach Gardens
Jennifer Swanson, 561/721-2220
Jswanson@APPlus.com
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