Subject: Re: Pitts and Spitts
Date: 1/1/99 11:24 PM Eastern Standard Time
From: LQQX
Message-id: <19990101232403.11228.00005635@ng37.aol.com>
Thanks for the followup, Jo.
holloway writes:
<< Therefore the total value of the stock transferred to the Dror Trust in exchange for the mineral rights was approximately $600,000 dollars rather than the 1.5 million dollar present value. Still, it seems that value of the asset may have been substantially less than $600,000. >>
The income generated by the property is $12,000 per month, or $120,000 per year. That the value of that land should have been substantially less is ludicrous. Shop around in that area and see what you come up with when it's land with a gas or oil producing well. I'd say at the time, $600,000 for a guarantee of $120,000 a year, it's a tossup who made the best deal.
The 3rd quarter alone was profitable by $251,000. It wasn't enough to put all 9 months over the top, but it's a start. I couldn't get back to the new site Partes® FreeEDGAR: Free Real-Time SEC EDGAR F... listed on our EDII website American International
Industries, Inc for corroborating evidence, but will try again tomorrow. Maybe someone else can find it before I do.
<< Hey, if you have a good investment, can't you say why it is a good investment? Or would you prefer to say something about "fasten your seat belts, it is getting ready to blast off". >>
I prefer both. Unrestricted. It's the American way.
Colleen via holloway writes:
<< It's definitely been a real learning experience. I had to stay til the first curtain call before I was willing to cast my vote. And now that the fat lady is
singing... >>
Colleen has lost faith in another company many of us own that showed a sharp rise yesterday, (the 31st). EDII's Act One has just begun. I'm listening very carefully, and I hear no Fat Lady. Colleen wished us luck in 1999, and
I return that sincere wish to her, and everyone.
Mitchell via holloway writes:
To: jmt (4260 )
From: Mitchell Vince
Wednesday, Dec 30 1998 6:46PM ET
Reply # of 4302
JMT, thank you for your informative post, and reading of the filings, I'm sure Janice and Wireless Wonk will be getting to them shortly.
Anyway, this company in my opinion is a total scam, Dror had all these special deals set up with the options for the shares, then pumped the puppy and then let his brothers suck the regular investors dry.
BUT DON'T WORRY DANNY BOY AND THE G BROTHERS, THERE HAS BEEN A VERY STRONG RUMOR FLOATING THAT I HEARD FROM MY BROKER THAT EDII IS BEING INVESTIGATED FOR PUMPING AND DUMPING AND SHARE MANIPULATION.
I'll admit I got caught up in this one and only have myself to blame for not doing all my DD, thank god the 50k I lost I have already made back up in BNEZ, are real company with a real product right now at Comp Usa and other computer stores.
Don't worry JMT and Janice and other who all warned us of this penny scam, I'm doing everything in my power and that is quite a bit to make sure that no stone goes unturned into Top Dog, Guttman, Gort, Dror and anybody else that pumped this worthless piece of crap up to over .75 cents when they had all bought in at .10 cents and then printed on the internet false and misleading news.
I HAVE MADE IT MY MISSION IN 1999 TO SEE THE DOWNFALL OF ALL OF THOSE INVOLVED IN THIS PUMPAND DUMP, JUST LIKE WHAT HAPPENEND TO MTEI.
So you boys out there better have your tax and stock records in hand. Because somebody is coming to get them, and you can bet on that. mitchell
LOL I am mighty glad he signed off on those statements. Daniel has seen the faxes. Should you see this, they're sitting and waiting for you, Pal. I was told (no RUMOR), that company and personal lawyers are making it their solemn mission to
locate and identify who you and others are, and will prosecute for libelous remarks and threats made on the Internet. Daniel and others have been gracious long enough. BDO doesn't take their filings lightly, nor does EDII. The cannons are loaded and pointed in SI's direction. I wouldn't want to be in their shoes. I guess the New Year fireworks aren't over yet. We'll have ring side seats over here on AOL.
LQQX
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