Alert on QNET=ALEX.The SEC and the whole world should look at this MM ALEX on level II, how he treats this stock QNET.
Many times on bid and ask=ALEX
Indication upside down for ALEX.
It is unbelievable.My eyes are on you ALEX.
And let us not forget this below on QNET and one of ALEX senior traders not to long ago sad story.
Are Market Maker Bashing Stock by Themselves?
What a shock! Some market makers are tired of poor job done by their
media consultants (basher) on message board, they join basher rank
now.
Thanks to the Internet, they can do bashing job easily while they trade
the stock that they market.
A Florida court issued an injunction again one of the defendants,
"Cats3,"
in the lawsuit filed by QuestNet Corp. (OTCBB: QNET). "Cats3" turned
out
to be Jerome Rosen, senior trader with J. Alexander Securities (ALEX),
a
major market making firm for OTCBB stocks. Rosen was enjoined from
"publishing any false and defamatory statements concerning QuestNet
and
its current and former officers, directors, and employees in any
manner,"
and from "interfering with any contractual/business relationships
between
Quest Net and its employees, customers, suppliers, consultants,
shareholders and/or investors."
Just imagine a market maker is bashing a stock while he is illegally
shorting (selling non-existent shares) and manipulating (don't move the
bid and the ask to stall trading or increase the spread to stall trading)
the stock.
Investors and executives, just wake up! There is no mercy out there in
the marketplace if you don't protect your own interests from these illegal
activities.
Quest Net Granted Another Injunction in Cybersmear Lawsuit
MIAMI, May 8, 2000 (BUSINESS WIRE) -- Quest Net Corp.
(OTCBB:QNET) Charles
Wainer, Quest Net's President continues to prosecute the lawsuit filed
in Dade
County Circuit Court against Defendants defaming the Company over
the internet
on the Raging Bull Bulletin Board.
On February 17, 2000, Quest Net Corp. filed the lawsuit against a
number of
anonymous posters on the Raging Bull Bulletin Board using names
such as jollyr,
ADVISORY, Cats3 and gman007, Quest Net alleged that the posters
placed false and
defamatory statements about the company and its former Chairman,
Camilo Pereira
on the internet bulletin board to drive down the Company's stock price
and
interfere with the Company's business.
According to Mr. Wainer, the Court has entered in Injunction against
another one
of the Defendant's using the name jollyr. Quest Net Corp. discovered
that jollyr
was Frank Madison. Mr. Madison has been enjoined from publishing
any false and
defamatory statements concerning the Company and its current and
former
officers, directors, and employees in any manner whatsoever. Further,
Mr.
Madison has been enjoined and restrained from interfering with any
contractual/business relationships between Quest Net and its
employees,
customers, suppliers, consultants, shareholders and/or investors.
The continued prosecution of this lawsuit is reflective of the Company's
determination not to tolerate the dissemination of any false or
defamatory
information on the Internet and bring this abuse to an end for the
Company, its
officers, directors, and employees.
Based in Pembroke Park, Florida, Quest Net Corp. is a provider of
complete
communication services, including local dial tone, long distance
services,
Internet and Intranet broadband networking for commercial and
residential
customers. Quest Net is one of the largest regional wireless Internet
communication providers, with connection speeds of up to 24Mb over a
distance of
over 40 miles. Additionally Quest Net provides local Internet dial-up and
nation-wide roaming, web hosting, secure servers, e-commerce
solutions, and
collocation.
The statements which are not historical facts contained in this press
release
are forward looking statements that involve certain risks and
uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, development of new products, government approval
processes,
the impact of competitive products or pricing, technological changes,
the effect
of economic conditions and other uncertainties detailed in the
company's filing
with the Securities and Exchange Commission. |
