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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Winston Kim who wrote (838)4/23/1998 12:37:00 PM
From: s martin   of 1028
 
Be careful, in the past it has been highly manipulated.

To: +DAvid Zilbershteyn (821 )
From: +Tom R. Clarksburg Friday, Mar 27 1998 10:49AM ET
Reply # of 838

joke is on shareholders

I 'd like to take this opportunity to tell everyone how sorry i am for
getting people involved in this terribly mismanaged company. I was very optimistic that management was doing the right things to grow the company but obviously they were whoefully inadaquate. Management in this company , including Lou and Tony Shutts should be "burned at the stake" by shareholders.....they have no right to continue to mismanage our HARD EARNED MONEY and they have NO right LIEING or intentionally MISLEAD us. Remember this statement by Lou Knickerbocker in the November 10th, 3rd quarter earnings(loss) release?

"The fourth quarter is expected to put year end revenues over $85
million and show a profitable bottom line. The first year of
consolidation is the hardest, and we're almost through it."

Then, in front of a group of Arizona investors in January, Mr Knickerbocker told them that that he would be profitable in the 4th quarter....yeah right, he just conveniently didn't say that he would have a loss from operations and be profitable only because of some one time non cash gains.....GOOD JOKE LOU!!!

That was a gross overstatement and he should be punished for that!!!

Lou Knickerbocker runs around Southern California with is fancy $300,000
Rolls Royce Bentley car and spends extravagantly in expensive
gold/diamond watches on OUR MONEY FOLKS!!!!! What a JOKE he and his
whole company has been.

I have started a campaign to oust mrKnickerbocker and his management team and have initiated talks with several large groups, large enough take over the company....This company will never earn another profit as long as LOU Knickerbocker remains at the helm.

We are going to get you LOU!!!!! You can bank on it!!!

TOM
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