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Microcap & Penny Stocks : HITSGALORE.COM (HITT)
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To: bob sims who wrote (2951)7/20/1999 2:01:00 PM
From: Angusb  Read Replies (1) of 7056
 
Bob, I don't know about the ABA code of ethics but when I read the announcement about the LFT investment I thought HITT was getting more than an IOU backed up by a stamp collection. If I had bought on the basis of that PR (thankfully I didn't) I'd feel that I'd been deliberately misled. I also think that the company should have disclosed the fact that its director and major shareholder had previously been convicted. I personally want to know this stuff before I invest and I think it is unethical for a company not to disclose such information or to hide behind legal technicalities to avoid communicating such relevant information to shareholders. I also think it is a cowardly act to launch a lawsuit on private individuals of limited financial means for saying nothing different from the information published by Bloomberg which is surprisingly not being sued by HITT.

Hope this helps
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