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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: BORIS BADENUFF who wrote (3768)8/27/1999 10:20:00 AM
From: Traveler  Read Replies (1) of 7056
 
Boris - before then can move anywhere (listing wise), they must hire an accounting firm, they accounting firm must complete and issue their audit report, and THEN they can apply for a listing. The profit they're earning is ONLY because they have "assumed" that every penny of the LFT receivable will be paid. I have never seen, and no statements have ever been made by HITT management that I can find, that there has been independent verification of the worth of the stamps or the worth of the oil leases. That's an awfully big series of IF's to back up a multi-million dollar series of accounts receivable, IMO. All Bob ever says to my questions is, "Ask Hitts". I did, and they don't answer. Boris, YOU ask Hitt, and see if they tell you.
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