TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

STOCKTALK

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.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SSP who wrote (53423)	7/3/2000 4:08:24 PM
From: Jim Bishop	Read Replies (2) of 150070

CLASS ACTION; APPEAL TO CONGRESS; Investor Forum: July 4th Revolution Includes Class Action, Appeal To Congress By Jack Burney Published by OTCNN.com 07/03/2000 08:58 AM CST otcnn.com On the eve of the 4th of July celebration, OTCBB investors were staging their own kind of revolt – including class action suits and writing Congress -- against the MMM that has threatened their right to a free stock market. These are typical. Mitch Levy, known to Raging Bull followers as a spearhead of the MMMANIP board, isn’t content with rhetoric. “The other day,” Mitch wrote, “I was approached by an attorney for a leading securities law firm who told me that he felt we may have a case for a class action suit, and that his firm would be willing to take it on a contingency basis. The firm has been very successful in the past with a similar suit.” “Approximately two weeks ago I started to announce on various boards my effort to change the OTCBB. To date I have well over one hundred investors who have voiced their interest in participating in this effort with more and more stepping forward every day.” You can Join Mitch on the Raging Bull MMMANIP board. Investor “Spec-U-Late” wrote OTCNN, “I'm putting together a class action suit with a major securities law firm against the various manipulators and their governing bodies in the OTCBB. I'd like to contact the principals of (company named) to see if they would be interested in joining this effort. . The thievery is going to stop! This will happen!” He invited “anyone interested in participating as an individual investor, please email me at SPEC_U_LATE@ragingbull.com, and I'll put you on the list of participants. Feel free to join in on the discussions taking place at the MMMANIP message board at Raging Bull.” Instead of turning to the law, some investors preferred to approach the lawmakers directly. Investor Brian Zander has been getting the word about MMM to elected officials. “I have been promoting the idea of shareholders writing to their senators and congressmen a letter voicing our concern over MMM. We could fill up our representatives’ mail boxes and let them know about this problem. I have included a few links below by which one can easily send an e-mail to their own representative.” “These may be of help,” he wrote.” senate.gov clerkweb.house.gov house.gov house.gov Investor Kurt Waters wrote along similar lines: “I have been closely watching the events unfold regarding the suspension and subsequent 'Pink Sheeting' of WAMX,” he wrote. “Market Maker HERZ brings the charges against WAMX and then is the only one that can 'allow' WAMX back on the Bulletin Board? Who is in charge? HERZ or SEC?” Waters went on to say: “I have subsequently sent e-mail to several Congressmen and Senators urging them to look into the actions and power of the MM's. I have also reminded then that their constituents could well be investors in WAMX or any other OTC stock company that has fallen prey to MMM. Perhaps they will remember that when election time comes around.” Writer’s Comment: A comparison does suggest itself. In 1776, Americans were faced with impossible odds and an enemy that was well-financed, better trained and arrogant in its power. We know who won despite the odds.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next