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Microcap & Penny Stocks : 1st Net Technologies ( FNTT )
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To: Greg Writer who wrote (1582)6/15/1999 1:24:00 AM
From: Q.  Read Replies (1) of 1827
 
Greg, why do you selectively choose which co. newsreleases you email
to shareholders and others who have asked to be on your company
mailing list?

A friend of mine forwards messages to me that you send on this list.

The other day my friend received a message from you that said

Subj: FNTT-Disney ? More Exciting News
Date: 06/10/99
From: mailer@1stnettech.com (1st Net Tech. Inc.)
To: *****(my friend's email address was here)********

Dear 1st Net Subscribers,

Here is some more very great news for 1st Net.

Have a great day!

Greg Writer
Chairman Of The Board

then you pasted your newswire that looked like some kind of deal with Walt Disney.

Ok.

Well, soon after that, you issued a news release to 'correct' the
misinformation you had put out in the original Disney release. Your
correction said that in fact you had no deal with Walt Disney.

What I'm bringing to your attention here is that you put out
the correction only on the wire; you didn't bother to send
it to shareholders and others who were on your email list.
So they received your first, more deceptive, release, but not the
correction.

Why the selective disclosure? Are you purposefully trying to get
investors to buy more of your stock, based on false information?

Are you concerned about the archival trail that you leave with
newswires, but not concerned about what you broadcast to your
email recipients?
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