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Microcap & Penny Stocks : SHAL

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To: MKTsavvy who wrote (852)6/22/1999 6:16:00 PM
From: StockDung   of 941
 
Krause should have just given you the link to the company that wrote most of that story. fdfs.com but then again thats what the company that really wrote the article does as a business so what do you expect them to say. As Truthseeker has told you all along these were never IPO's. Here is the Real Truth from the Truthseekrs questions. As far as Truthseeker is concerned Krause did notcome clean.

They clearly are not IPO's. An IPO, by definition is the very first (Initial) offering of stock to the public. If a vehicle is already public, as is the case in a shell, then you are not performing IPOs, you are performing reverse mergers. Statements calling them IPOs are clearly misleading.

Mr. Krause, your comparison of the SHAL shell reverse mergers to Goldman Sachs is a non-sequiter at best, and misleading at worst. SHAL and its SHELL progeny trade on the relatively unregulated OTCBB, an exchange with no reporting or asset qualification standards. Goldman Sachs (GS), on the other hand, trades on the NYSE, the most stringent of all the exchanges.

AA)How successful have the SHAL shell reverse merger's really been?

BB)Do any of them trade above their "first day" under the new ticker symbol and post-reverse-split prices?

CC)Concerning the shells, why have you not mentioned that you controlled at least one of the shells that you have reversed-merged one of your SHAL progeny into, specifically, Ice Age (OTCBB ICAG, now called Janus JNUS), which the State of Nevada records clearly show you as controlling?

DD)If this is the case, how much free trading stock did you own in this shell before the reverse-split, name-change, false "IPO"?

So much for incubation

Truthseeker
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