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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: BORIS BADENUFF who wrote (3232)7/30/1999 3:04:00 PM
From: Angusb  Read Replies (1) of 7056
 
Hey Boris! Hope you backed up the truck on HITT.

BTW what makes you think HITT is Legit? I tend to look at all BB companies as being more interested in selling stock than building businesses until their actions and audited financials indicate otherwise. Certainly their eagerness to launch frivoulous lawsuits against individuals while ignoring Bloomberg (which just might fight back) displays a certain lack of courage and confidence on the part of HITTmanagement as well as offering a powerful clue as to their ethics.

Combine this with the "stamp collection" ; past criminal conviction and civil liability on the part of the founder and controlling shareholder; a somewhat questionable investment from a "shadowy" and mysterious LFT; the lack of audited financial information; and the questionable practice of booking revenue that remains only an IOU - and I would suggest that your assumption that HITT is a legitimate, profitable company is a potentially costly one.
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