One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB Message Board

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Strategies & Market Trends : One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB

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To: wonk who wrote (497)	10/11/1999 12:01:00 PM
From: jjs64	Read Replies (2) of 559

Those silly touts at Frusciante/Telegades/Tosto/Lybrand central are up to their old tricks yet again.... MALB news release... PRN MALIBU, INC. ANNOUNCES INTENT TO ACQUIRE ION DESIGNS, INC. Sep 28 1999 12:44 NEW YORK, Sept. 28 /PRNewswire/ -- Malibu, inc. (Nasdaq: MALB), a Colorado corporation based in New York, announces that it has entered into a Letter of Intent agreement with Ion Designs, inc. The Letter of Intent agreement will serve as a basis for the terms and conditions of a subsequent Exchange Agreement whereby the shareholders of Ion Designs, inc. will exchange all of their shares for an undisclosed number of Malibu, inc. shares. A very quick check with friends in Georgia yielded this info on Ion Designs... ION DESIGNS, INC. (DOMESTIC PROFIT) 165 WEST WASHINGTON STREET MADISON, GA 30650 Registered Agent SCOTT SMITH 165 WEST WASHINGTON STREET MADISON, GA 30650 Anyone recognize those addresses? I wonder what else was/is located there? Buyer Beware!

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