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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: jjrocket who wrote (2086)6/16/1999 5:07:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 7056
 
The PR says that Reed wasn't a director/officer/etc when they filed the papers, but became one later?

In my opinion, I think the market was reacting to the fact that the major shareholder and director of HITT was a convicted felon, not the fact he may have failed to disclose that in a past filing. My guess is the only people who might care about whether there is a disclosure issue would be the SEC.

- Jeff
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