HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Q. who wrote (4245)	10/2/1999 9:20:00 AM
From: Q.	Read Replies (2) of 7056

Are LFT's shares of HITT locked up? Here's an excerpt from an April news release: RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--April 21, 1999-- Hitsgalore.com, Inc., (OTC BB:HITT) announced that the Life Foundation Trust has fulfilled its obligations under the terms of the Letter of Intent announced last week for a $10 million private placement. The trust will be issued 2 million shares of Hitsgalore.com common stock that the trust will hold under the terms of a lock-up agreement. Does anybody believe that Jeanette Wilcher would restrain herself from selling these shares? If she took money from that guy in Canada, and immediately bought a house with it, then what did she do with her HITT shares?

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