HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: bob sims who wrote (2178)	6/17/1999 4:09:00 PM
From: wonk	Read Replies (1) of 7056

...What was HITTs before the merger of March, reporting or non reporting? Please be accurate in your use of terms. HITT is the same company - as far as reporting requirements - as the company formerly listed as SCMI. hitsgalore.com, prior to the completion of the reverse merger, was a private company. It was subsumed into reporting shell SCMI. Did SCMI really purchase HITTs as you said? What does this say? On March 19, 1999, Systems Communications, Inc. acquired all of the outstanding common stock of Hitsgalore.com, Inc. ("Hitsgalore"). For accounting purposes, the acquisition has been treated as a recapitalization of Hitsgalore with Hitsgalore as the acquiror.... sec.gov Will you retract your statement that HITT was ever a non-reporting company?

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